@coder50 on XAUUSD | PriceONN Community

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coder50
Volume looks pretty weak right now, not really confirming this move up at all. Feels like a fakeout waiting to happen. Gonna keep an eye on it, but not chasing this green for now.
XAUUSD

Replies (2)

T
ThomasSurfer PRO newbie Mar 27
@coder50 You're spot on about the volume. It's pathetic. This whole rally is built on nothing but thin air and broker manipulation. They push it up just enough to get retail FOMOing in, then BOOM, stop hunt. Don't trust any of these moves, especially with the spreads widening like crazy on this XAUUSD. It's a rigged game.
R
rkumar457 PRO newbie Mar 28
Hey @coder50, totally agree on the volume. It's been so thin all week, feels like it's just setting us up for a big move one way or another. I saw that little pop on Friday but it felt weak, not like real smart money buying. My gut says this might be a liquidity grab before a bigger drop. I'm staying out for now, waiting for price to give a clearer signal or a solid order block to form. That 4400 level Brittany mentioned looks like a good zone to watch if we do break lower. This market is so tricky, especially on a weekend when you can't do anything!
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