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doublebottompattern
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Gold Analysis: Double Bottom and Bullish Divergence! 🟡✨
XAUUSD is showing some very interesting price action on the 1H chart. We've spotted a solid *Double Bottom* support near $3,981, followed by a clear *Bullish Divergence* on the RSI.
The price has recently pushed through the $4,028 resistance and just hit a *Double Top* at the current high of $4,048. Will we see a breakout above this level, or is a retracement back to support incoming? 🧐
Keep a close eye on these key levels!
#XAUUSD #GoldTrading #TechnicalAnalysis #TradingView #GoldPrice #ForexSignals #DoubleBottomPattern #bullishdivergence #priceaction #BinanceSquare #Investing
Gold Analysis: Double Bottom and Bullish Divergence! 🟡✨
XAUUSD is showing some very interesting price action on the 1H chart. We've spotted a solid *Double Bottom* support near $3,981, followed by a clear *Bullish Divergence* on the RSI.
The price has recently pushed through the $4,028 resistance and just hit a *Double Top* at the current high of $4,048. Will we see a breakout above this level, or is a retracement back to support incoming? 🧐
Keep a close eye on these key levels!
#XAUUSD #GoldTrading #TechnicalAnalysis #TradingView #GoldPrice #ForexSignals #DoubleBottomPattern #bullishdivergence #priceaction #BinanceSquare #Investing
XAUUSD is showing some very interesting price action on the 1H chart. We've spotted a solid *Double Bottom* support near $3,981, followed by a clear *Bullish Divergence* on the RSI.
The price has recently pushed through the $4,028 resistance and just hit a *Double Top* at the current high of $4,048. Will we see a breakout above this level, or is a retracement back to support incoming? 🧐
Keep a close eye on these key levels!
#XAUUSD #GoldTrading #TechnicalAnalysis #TradingView #GoldPrice #ForexSignals #DoubleBottomPattern #bullishdivergence #priceaction #BinanceSquare #Investing
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