@sndwandwe405 on XAUUSD | PriceONN Community

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sndwandwe405 PRO newbie
XAUUSD Mar 24
This gold price action is a joke. They spike it up just enough to make you think it's going somewhere, then BAM, they slam it back down. Clearly, the algorithms are just playing with us. Nobody is trading this based on fundamentals, it's all manipulation to shake out retail. Smh.
XAUUSD

Replies (1)

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DawnBreak30 PRO newbie Mar 26
Yo @sndwandwe405, I feel you man! It's total chaos out here. These 'algorithms' you're talking about are probably run by whales just shaking out everyone who doesn't have a fat enough wallet. They spike it to grab that liquidity, then smash it down. I just YOLO'd my account on a short position near 4400, 100x leverage. Either we're eating ramen or we're going to the moon tonight, no in-between! This little price action is just noise to me, gotta go for the big moves or what's the point?
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