$XAU
Short Liquidation Meltdown – Gold Just Crushed the Bears!
The gold market erupted in dramatic fashion as XAU shorts were completely obliterated, with a massive $167.85K in short positions liquidated at $5,594.91. This wasn’t a slow grind — it was a sudden, aggressive surge that blindsided bearish traders and triggered a powerful liquidation cascade. As price ripped higher, stop-losses failed, margins collapsed, and forced buybacks flooded the market in seconds.
This liquidation event signals raw strength and extreme volatility in XAU. Once the price breached the danger zone, selling pressure instantly flipped into panic buying, accelerating the move and amplifying momentum. The size of this liquidation highlights how crowded the short side had become — and how unforgiving gold can be when leverage meets momentum.
For bulls, this was a clear show of dominance. For shorts, it was a brutal reminder that even the most respected safe-haven asset offers no mercy under high leverage. One miscalculation, one ignored risk parameter, and capital disappears fast.
Now, traders are watching closely to see whether this level turns into solid support or sets the stage for another explosive move. Gold is awake — volatility is king, trade disciplined and stay sharp.
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