@meiling1990 on XAUUSD | PriceONN Community

Actually, I think I'll keep a very small portion of that position open, just to see how it plays out with the US session. SL is at break-even now, so no risk.

Hey @meiling1990, good call on closing most of that long. I saw that drop too, looked like a classic liquidity grab. They pushed it down hard, probably to hit all those stops just above 4700. Now they're trying to make it look like the Iran peace talks are the reason, but it's just the usual manipulation. I'm in long now at 4855, feels like smart money is accumulating down there. If they can push it above 4900 like some of these articles are hinting, it's going to rip. Fingers crossed this isn't another dead cat bounce though, always feels rigged.