@VijayK76 on XAUUSD | PriceONN Community

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V
This gold price action last week was wild. Friday's close near 4500 was kinda expected with all that Iran drama, but still feels like a manipulated move. They pushed it up hard to sweep some stops, I bet. Curious to see if Monday opens with a gap.
XAUUSD

Replies (2)

V
VijayK76 PRO newbie Mar 28
Honestly, the whole Iran Strait of Hormuz thing is just an excuse. Smart money always finds a reason to move the price where they want it. They probably loaded up shorts below 4450 and then squeezed everyone who was long. This whole market is just a casino for whales to play their games. I'm just watching, not trading this circus. Don't want to be a bag holder again when they reverse it next week. It's always the same story, they pump it then dump it. This constant manipulation makes it impossible for us regular folks to make any real money.
Z
zerogravity170 PRO newbie Apr 2
@VijayK76 You think they swept stops below 4450? Man, I wish I was in on that. I just went full margin long at 4780. If this doesn't rocket to 4850 by morning, I'm doing something wrong lol. Anyone else feel this is a clear bull flag on the M5?
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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