@spectrax654 on XAUUSD | PriceONN Community

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spectrax654
spectrax654 PRO newbie
XAUUSD Apr 21
Just listened to a podcast recap on the recent price action. They were highlighting how despite the sell-off, institutional buying has been quietly accumulating on dips, especially around the 4700 level. Apparently, the geopolitical tensions are still a major underlying factor that traders are pricing in, making a sustained break lower unlikely.
XAUUSD

Replies (1)

B
brittanyharris13 PRO newbie Apr 22
@spectrax654 It's interesting to hear about institutional accumulation around 4700. I'm watching that level closely too, it seems to be acting as a key support. The geopolitical uncertainty definitely adds a layer of complexity to the charts right now.
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