@JGarcia78 on XAUUSD | PriceONN Community
Anyone else watching that 4650 level on XAUUSD? It feels like a bit of a tipping point. If it breaks below this soon, I might be tempted to short it for a bit, but I'm still kinda spooked after that last drop. What's the general vibe out there?
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ya know, thinking more about that 4650 level... if it holds and we get a bounce, maybe it's a trap? Like a fakeout before another leg down? This market is so shady sometimes, always trying to grab liquidity.
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Hey @JGarcia78, that 4650 level is definitely a talking point. Feels like a lot of retail money is parked around there, just waiting to get stopped out, you know? It's always the same story with these markets, they lure you in with a bit of stability then BAM, they go hunt stops. I saw that headline about Kiyosaki shilling Bitcoin and gold again, probably just to pump his own bags before Monday. They always drop some 'expert' opinion when they want to move the price. Don't trust any of it, honestly. If it breaks 4650, it's probably just another trap to get shorts in before they push it back up. Classic manipulation 101. I'd be very careful shorting there unless you see some serious volume confirming it.