@graytrail on XAUUSD | PriceONN Community
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So what's the deal with this sudden drop in XAUUSD? I saw the Iran news and thought it would push gold higher, but nope. Just like that, it plummets. Are they manipulating the price because of that ceasefire extension or something? Feels like they're trying to shake out anyone who went long on that news. I'm seeing some serious selling pressure right at the 4750 area, but the RSI is getting pretty low. Anyone else think this is just a liquidity grab before a bigger move up, or are we actually heading lower with this 'peace' talk?