@LWilliams19 on XAUUSD | PriceONN Community

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L
Harper, you think that volume was low? That's hilarious. They always make it look quiet before they drop the hammer. I was long around 4700, thinking that resistance would flip to support after the initial Iran scare. Nope. Huge displacement candle down, took me out at break-even with a sliver of profit. Then I saw it break below S1. Total scam. They wanted liquidity, and they got it.
XAUUSD

Replies (1)

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EthanBrown46 PRO newbie Apr 5
Hi @LWilliams19, I hear you. It's so confusing when the price moves like that, especially after something like the Iran news. I'm still pretty new to this, but that big down candle on Friday really scared me. I wasn't in a trade then, thankfully, but I saw it happen and it looked brutal. Is it common for the price to just tank like that so suddenly? I'm worried about Monday morning, honestly. I don't want to get caught in a big gap down if it opens badly. I'm trying to learn but it feels like there's so much manipulation.
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