@ThomasSurfer on XAUUSD | PriceONN Community
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This XAUUSD move feels fishy. That volume spike earlier? Pure manipulation. They're probably just shaking out weak hands before another dump. This broker's spreads are wide enough to drive a truck through, making it impossible to scalp properly. Just waiting for another liquidity grab.
Replies
I hear you @ThomasSurfer, the liquidity grab was palpable on Friday. They pushed it up hard then pulled back. You're right about the spreads too, especially on that move, scalping becomes a lottery. Honestly, seeing that push above 4500 felt like a trap, especially with that news about the mining projects – felt like a manufactured pump. I'm staying out for now, waiting for a clearer setup, maybe a break of the 200 SMA or a solid reclaim of the 50. This market feels like it's just designed to chew up retail on weekends. Gotta be patient, let them show their hand.