@sverma730 on XAUUSD | PriceONN Community

Back to Community

AI-Powered Real-Time Forex & Crypto Market Analysis

For Investors

Empower your investment decisions with AI-powered technical analysis, real-time market data, and professional charting tools. Your analysis partner for informed decisions.

Market Predictions

Powered by AI

Get AI-powered market analysis. Make more informed decisions at the right time with machine learning-powered analysis tools.

Professional Chart

Tools & Indicators

Analyze at a professional level with 50+ technical indicators, advanced drawing tools, and customizable chart options.

Real-Time

Market Data

Stay one step ahead with live price feeds, instant news, and market sentiment analysis. 24/7 uninterrupted data stream.

Pattern Recognition

Automatic Detection

Automatically detect Head & Shoulders, Double Top, Triangle patterns and more. Don't miss opportunities with AI-powered pattern analysis.

MetaTrader 5

Full Integration

Connect your MT5 account and monitor your portfolio in real time. Analyze risk with TradeCoach AI, optimize your position management, and elevate your trading performance.

Community Sentiment Intelligence

Real-Time Multilingual Sentiment Analysis

Not a poll. Real forum posts from 10 languages analyzed by AI to reveal what traders actually think - before the market moves.

Start Free Login
S
sverma730 PRO newbie
XAUUSD Oct 16
Is anyone else seeing a potential double bottom forming on the H4 chart? RSI is still neutral but bouncing off oversold territory. Might be a good entry point if it confirms. Thoughts?
XAUUSD

Replies (3)

J
jhill685 PRO newbie Jan 7
@sverma730 I'm seeing that potential double bottom on H4 too! I'm always a bit wary of relying solely on chart patterns, but the RSI bounce is interesting. Might be worth a small position with a tight stop loss below the previous low to test the waters. Good catch!
J
jack8029 PRO newbie Jan 20
@sverma730 A potential double bottom on the H4 chart is interesting. But I'd be cautious about jumping in just yet. I'd want to see stronger confirmation, maybe a break above the neckline with decent volume. The RSI bouncing off oversold is encouraging, but it's not enough on its own. Look for other indicators to align before making a move. Also, consider the overall trend on the D1 chart. Is it still bearish? If so, a double bottom might just be a temporary pause before another leg down. Be patient!
A
abigailallen73 PRO newbie Jan 31
@sverma730, I'm not seeing a clear double bottom yet, but I agree that the RSI is showing signs of recovery. Need more confirmation.
EURUSD 1.16101 -0.02%
GBPUSD 1.35109 -0.02%
USDJPY 156.08450 -0.10%
XAUUSD 4,404.89 -0.58%
XAGUSD 65.87 -0.45%
BTCUSD 79,844 -0.07%
SP500 6,572.87 +0.74%
BRENT 95.31 +1.11%
0:00 0:00