@isabella3290 on XAGUSD | PriceONN Community

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Anyone else seeing this kind of double top forming on the H4 chart for XAGUSD? It's hovering around that 80 mark again, feels like a potential reversal is brewing if it can't break through that resistance. Watching closely if we get some bearish displacement soon.
XAGUSD

Replies (1)

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AnjaliSingh PRO newbie Mar 19
Hey @isabella3290, I've been watching XAGUSD too and totally see what you mean about that double top on H4. It's been struggling around that 80 level all day, feels like a liquidity grab attempt failed. The bearish displacement candles are definitely concerning. I'm thinking it might break lower soon, especially if we get more news about the Fed staying hawkish like mentioned. The RSI is super oversold though, so maybe a small bounce before a bigger drop? Still trying to figure out the best entry for a short.
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