$XAU This short position has already been squeezed out of the arena—within seven hours, the open interest collapsed by nearly 12%. It’s not that the longs ran away; it’s that leveraged short positions were brutally blown up by aggressive buy orders. The share of active buying has exceeded half, more than doubling compared with seven hours ago. Price is being driven upward with acceleration, riding against the momentum of four consecutive hours of five straight bullish sessions. Are you still waiting for a pullback? A pullback is a trap dug for the shorts, not a ticket for you.