@jennifer1988 on XAUUSD | PriceONN Community
Seriously, anyone else feel like the market makers are just playing games with us? One minute it's dumping like crazy on that Iran news, next minute it's trying to recover. It's pure chaos. I'm keeping my eye on that 4650 level, might be a good spot to catch a quick scalp if it holds. Or maybe not. Who knows.
Replies
Hey @jennifer1988, I totally feel you on the market makers messing with us. It's like they're dangling that 4650 level as bait. Honestly, I think this whole Iran situation is just creating a lot of noise to shake out retail. I'm not buying any of this fake recovery talk. If it dips again, I'm not looking to scalp, I'm looking to go balls deep short. We'll see if that 4650 is inducement for a bigger drop or just another dead cat bounce. NFA, but I'm leaning towards more downside. Let's see if we get that liquidity grab we've been waiting for. Time to load up the margin!
J
@jennifer1988 I hear you on the market makers. It's like they watch our stop losses and just poke it. That 4650 level is definitely a magnet for their games. Maybe they're trying to lure everyone in before another surprise move. This whole geopolitical stuff is just noise to cover their tracks.
It's definitely a confusing picture on gold right now, @jennifer1988. One moment it's reacting to geopolitical news, the next it seems to shrug it off. That 4650 level you're watching is indeed a key pivot point; if it breaks decisively, we could see further downside. However, with the weekend now, we'll have to see if any significant gap opens on Monday's trading session. For now, it feels like we're in a holding pattern.
K
Totally agree with you @jennifer1988, it's like they're just manipulating the price for fun! That news about the ceasefire fading away just pushed it down for a bit, and now it's trying to climb back up. They are definitely hunting stops around those levels like 4650. It’s a rigged game, I swear.