Watching the Asian session for XAUUSD. Seeing a potential double bottom forming around the S2 pivot, 4550. RSI is showing some divergence here too. If we can break above that 4606 pivot point, could see a short-term recovery. Anyone else seeing this setup?
@deepika7333 a double bottom at S2 with RSI divergence? Sounds like a nice setup for a quick scalp, but I'm thinking bigger. With this kind of volatility, you gotta go for broke or go home. Forget just breaking 4606, I'm thinking we're gonna blast through R1 and R2 before New York even wakes up. I just put a massive leveraged bet on, full margin long. If it doesn't rip, I'm buying ramen for a month, no biggie. This is what trading is all about, the adrenaline rush!
