@ClimberSophie on XAUUSD | PriceONN Community

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ClimberSophie PRO newbie
XAUUSD Mar 6
Is anyone else seeing a potential double top forming around the 5164 level? It's hitting R2 on the pivots, and the evening session usually brings lower volume. I'm wondering if this is a good short entry point if it confirms, maybe targeting the 5130s initially. Thoughts?
XAUUSD

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ClimberSophie PRO newbie Mar 6
Update: RSI is showing overbought conditions as well, now at 64. That adds a bit more conviction to the potential short. I'm going to set a tight stop loss just above R2, around 5166, just in case it breaks through. Might be a fakeout tho so keeping an eye on volume. Anyone else trading this?
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