@ella3246 on XAUUSD | PriceONN Community
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Anyone else watching for a potential double top forming on XAUUSD around 4928? Could signal a reversal if it confirms. I'm keeping an eye on the RSI as well to see if it diverges. It's a bit choppy at the moment though, so patience is key! What are your thoughts?
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Hey @ella3246, I see what you mean about the potential double top, but with gold's current strength, I'm not sure it will hold. I'm leaning towards a breakout instead!
@ella3246 I'm seeing that double top too! Agree on watching the RSI for divergence. The chop is real tho, makes it hard to commit. I'm thinking if it breaks above 5345, that double top idea might be invalidated. Gotta be ready to switch gears quickly.