@prashant7242 on XAUUSD | PriceONN Community
P
Man, I've been watching XAUUSD all morning and I think I see a descending triangle forming on the 15-minute chart. The sellers keep pushing it down to that 4740 level, but buyers are stepping in just enough to stop a full collapse. If it breaks below 4740 decisively, I think we're in for a quick drop. Might be looking to short if that happens.
Replies
Yeah @prashant7242, I see what you’re saying about that 4740 level. It looks pretty shaky. I’m kinda scared to even look at my trades right now, hoping it doesn’t break below that.