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What a joke of a week XAUUSD had. Close below the 50 SMA, but hey, Friday's little pump was clearly manipulation before the weekend. They always do this, shake out weak hands. I'm just glad I didn't get rekt too bad, but it's rigged, man. Spreads probably blew out too. See you Monday, maybe.
Yo @mshah919, I feel you man. This XAUUSD market has been a rollercoaster of frustration. I was hoping for some clarity coming into the week, but it's just more of the same. That little pop on Friday was definitely suspicious, felt like they were just trying to trick people before the weekend closed. It's tough when you feel like the game is rigged, makes it hard to trust your own analysis. I saw it dip below the 50 SMA too, which isn't a great sign for the bulls. I'm just hoping it doesn't decide to tank overnight while I'm trying to sleep. This whole 'spreads blowing out' thing is also a serious concern during these quiet sessions. Let's see if Monday brings any actual direction, or just more manipulation.