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Is anyone else seeing a potential double bottom forming on the hourly chart for XAGUSD? RSI is still below 40, which suggests it's oversold. I'm wondering if this could be a good entry point for a long position if we see some confirmation. What are your thoughts?
Hey @andrew2908, I'm not sure about patterns, but I saw a big red candle just now that looked like it wiped out all the gains from earlier. It's kinda scary. Is that what you mean by confirmation or the opposite? My gut says it's gonna drop more.
