@mtaylor557 on XAUUSD | PriceONN Community
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Hey @danderson934, I was watching that 4900 resistance too and was kinda hoping to see a big push through it this morning. But with this current price action, like, it's just tanking. I'm seeing this big red candle right now, seems like a pretty strong displacement downwards on the hourly. Does anyone else feel like this is a fakeout attempt to trap longs before a bigger dump? I'm just trying to figure out if this is the start of a bigger downtrend or just a nasty pullback.