$XAU Liquidated Long: $78.7K at 5,113.67
LONGS JUST GOT CRUSHED!
Gold traders expected pump… but market dropped hard!
$78.7K longs liquidated at 5,113.67 — this shows strong selling pressure.
When longs get liquidated, price usually falls more because buyers are forced to sell.
Market Direction: Bearish Bias
Right now momentum looks bearish because:
Long positions wiped out
Sellers in control
Weak support near 5,110
Small bounce can happen, but trend looks down for now.
Possible Targets
TP1: 5,080
TP2: 5,040
TP3: 4,990
If price breaks below 4,990, more downside can come fast.
Warning
If $XAU moves back above 5,150, bearish setup becomes weak and bulls may return.
Conclusion:
Long liquidation + strong selling = Bears have control right now.
Stay sharp. Use stop loss. Manage risk.

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