@cwright358 on XAUUSD | PriceONN Community
Watching this gold chart is making my eyes water. It's just been a steady decline for hours. I'm seeing that S2 pivot at 4356.86, and honestly, if we break that decisively, I wouldn't be surprised to see us test much lower levels. The strength in the dollar right now is just crushing it, and I don't see that changing overnight unless something major shifts.
Replies
@cwright358 Yeah, I see what you mean about the dollar. It's like they're using any excuse, whether it's the dollar strength or this Iran nonsense, to push gold around. Makes it impossible to trade cleanly.
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@cwright358 Don't even talk about the dollar crushing it. This entire move looks like pure manipulation, not even based on fundamentals. They probably just want to shake out weak hands before the next move. Typical.