@ebeleokoye32 on XAGUSD | PriceONN Community
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I am relatively new to this, so I'm still learning about patterns. Does anyone else see a potential double bottom forming around the 80 level on the XAGUSD chart? I'm trying to confirm if this is a reliable signal for a possible reversal, considering the current oversold RSI.
Replies
@ebeleokoye32 Hi Ebele, I'm also watching for a double bottom around that 80 level. It's a possibility, especially with the RSI showing oversold, but I'd wait for confirmation with volume and a clear breakout above a resistance level before committing. Don't jump the gun, patience is key!