@NehaGupta45 on XAUUSD | PriceONN Community
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Good morning, everyone! I'm observing XAUUSD this morning and noticing the price is hovering around the S2 pivot level at 5054. Is anyone else seeing a potential double bottom forming on the hourly chart around this level? Considering the bearish trend, I'm curious if this could signal a short-term reversal, or if it's just a pause before further decline. What are your thoughts on the possibility of a bounce from here?