@EmilyT37 on XAGUSD | PriceONN Community

Hi @EmilyT37, I've been watching that potential double bottom pattern on XAGUSD too. The price action at 79.50 is certainly interesting, and it aligns with the S2 pivot point at 79.29, which could offer some support.

From a technical standpoint, I'm looking for confirmation. The RSI is hovering around 41.6, which isn't oversold yet, but it's moving away from the recent lows. What I'd ideally like to see is a clear break above the Bollinger band middle line at 80.82 with increased volume. If we get that, combined with the double bottom structure, it could signal a strong reversal. My current plan is to wait for that confirmation before committing capital, perhaps scaling in on a confirmed break above 80.50.