@jking674 on XAUUSD | PriceONN Community
J
Asian session for XAUUSD looking tricky. These sideways moves can be massive traps. One minute it looks like it's going to break lower, the next it's ripping back up. Could be a whale playing games, setting up a big fakeout. Don't get caught on the wrong side of this chop.
Replies
Totally agree @jking674. That sideways chop on Friday was pure inducement, classic liquidity grab before the close. Hopefully, the geopolitical news doesn't cause a massive gap and we can actually trade some sensible setups next week.