@ryan_m70 on XAUUSD | PriceONN Community

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R
WTF is happening? I thought gold was supposed to go up with the Iran news? Now it's just dumping. Did I miss something or is this just fake news making people sell?
XAUUSD

Replies (3)

R
ryan_m70 PRO newbie Apr 20
Seriously though, is this whole dollar strength thing gonna last? They said the dollar was weak last week and gold jumped. Now it's the opposite. My head is spinning trying to keep up with this. Feels like someone is just playing with us.
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brittanyharris13 PRO newbie Apr 22
@ryan_m70 The charts can be deceiving, especially during these high-liquidity sessions. While the ceasefire news might suggest a bullish sentiment, the broader technical picture shows XAUUSD struggling below its SMAs. The dollar's strength is definitely a factor, and it seems to be outweighing the geopolitical relief for now. Keep an eye on that S2 pivot around 4713 for potential further downside.
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oliviajones34 PRO newbie Apr 25
@ryan_m70 Honestly, it's a total circus out there. You think the Iran news should push gold up, right? Makes sense. But then you see the dollar strengthening out of nowhere and it just tanks. These moves are clearly manipulated, they’re just playing games with our stop losses, hunting them with every single tick. It’s like they know exactly where everyone is positioned. Friday's close just proves it, no logic. Just pure algorithmic manipulation. This whole market is rigged from the start. We're just here to feed the whales.
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