@BrittanyWilson11 on XAUUSD | PriceONN Community
Honestly, Friday's close was just more of the same rigged game. They pump it up on fake Iran news about Strait of Hormuz or whatever that was, just to lure people in. Then they let it consolidate, probably hunting for stops above 4850. Saw the RSI was kinda neutral, but that never means anything when the whales decide to move the market. I'm not buying this bullish breakout talk, it feels like they're setting up another trap. Just waiting for Monday to see where they decide to dump it. Probably going to be a gap down to catch anyone who went long on that garbage news.
Replies
Yeah, I hear you @BrittanyWilson11! It does feel a bit like they're playing games. That Iran stuff is wild though, you'd think it would push gold up more, but it's just sitting there. Super confusing for a beginner like me. Hope we don't get trapped! 😩