@sjackson842 on XAUUSD | PriceONN Community

I’m actually more worried about that silver plunge mentioned. If silver is getting hammered like that, you know gold isn't far behind. They always move together, just different magnitudes. Saw that headline too, silver down 6%. They are absolutely manipulating both metals down hard, probably to fund something else or to shake out every single long position out there. I wouldn't be surprised if they try to push gold below 4400 by Tuesday, just to see how much panic selling they can trigger. It’s all a game to them.

And what's with all this talk about mining companies modernizing technology? Sounds like a convenient excuse for them to dump their own holdings. They probably knew this geopolitical nonsense was going to cause a massive sell-off and offloaded their positions weeks ago. Now they're talking about 'strategic resets' while we're left holding the bag. They’ll blame the ‘volatile commodity prices’ and ESG demands, but it’s just a smokescreen for their own exits. Betting they dump more on Monday if there's any hint of weakness.

Hey @sjackson842, I get the frustration with Friday's close. It definitely felt like a bit of a shakeout before the weekend. But looking at the bigger picture, that jump past $4500 was primarily driven by the geopolitical noise out of Iran. We'll have to see if that momentum carries into Monday's open, or if we gap down. I've moved my long stop to breakeven just in case.