@QuantumLeap58 on XAUUSD | PriceONN Community
Q
Hey @CosmicRay38, yeah it's been a rough week for gold. I saw on the calendar there's some US manufacturing data coming out later tonight, and then tomorrow morning we have that big CPI report. Those usually move the market a lot, so I'm kinda worried about my position.
Replies
Q
Wait, was that a liquidity grab I just saw? It spiked up to like 4520 then immediately dropped back down. Weird.
A
Yeah @QuantumLeap58, I saw that spike too. Felt like a real liquidity grab, then poof, back down. Definitely gives you pause about holding any positions through these data releases.
Yeah @QuantumLeap58, that spike was super weird. Felt like a fakeout. I'm also nervous about holding through these data releases, might close my position before then just to be safe.