@iking794 on XAUUSD | PriceONN Community

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iking794 PRO newbie
XAUUSD Mar 17
Hey @darkpool220, totally get what you mean about FOMO. 😩 I've been watching XAUUSD and it looks like we might be forming a descending triangle on the H4 chart. The price is making lower highs but the support around 4975 seems to be holding for now. If that breaks, it could get really ugly. 🤔 Keep an eye on volume here.
XAUUSD

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iking794 PRO newbie Mar 17
Yeah, that triangle pattern is definitely something to consider. If it plays out, we could see a sharp move down towards that S2 pivot at 4952. 📉 I'm also seeing some bearish divergence on the RSI on the 1-hour chart, which is a bit concerning. However, the D1 RSI is still pretty neutral, so it's a mixed bag right now. 🤷‍♀️
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