@coreshift955 on XAUUSD | PriceONN Community
This whole oil surge nonsense again, and they expect XAUUSD to do what? The news about stagflation is just noise to distract from the real manipulation. I'm not even looking at charts until Monday, probably just a gap up or down to catch the retail traders anyway. Let the algorithms do their thing.
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Seriously though, the oil prices going bonkers and them linking it to stagflation impacting gold and dollar? It's the same old song and dance. They pump one narrative and the market just reacts like a puppet. I'm sure whatever happens Monday morning, it'll be designed to shake out the weak hands.
K
Seriously @coreshift955, you think this is all just noise and manipulation? I'm with you that the market feels rigged sometimes, especially when my stop losses get hunted like clockwork. But blaming it all on the 'algorithms' and 'whales' is a bit too convenient, isn't it? I saw a decent analysis on a private blog earlier suggesting this recent move is tied to some quiet chatter about supply chain disruptions in the copper market, which is indirectly affecting gold sentiment. They mentioned how this geopolitical stuff always seems to pop up when the big players want to shake out retail. It's a classic setup to make us chase the wrong move. I'm just hoping this overnight move doesn't wipe me out before I can even adjust my hedge.