🥇GOLD WEEKLY: +5.17% → $4,602.99
Strong bounce this week. Price reclaimed and closed firmly above the Bull Market Support Band (4,358 – 4,386).
The multi-month correction from the $5,500+ highs found buyers exactly where it should in a healthy bull market.
📊 Structure remains intact.
Next week playbook:
🔸Hold above the band → continuation higher remains the base case
🔸Clean break below 4,350 → deeper retracement risk
Stay disciplined. Let the band do the heavy lifting.
👉TRADE $XAU HERE
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🚨 The BLOODBATH spread from shorts to longs this week. $2.74 billion in shorts wiped out on the way up. $1.82 billion in longs wiped out on the way back down.
Another $337 million gone today as Bitcoin slides below $76,000. Over $5 billion in positions destroyed in 72 hours.
87,430 traders were liquidated in the past 24 hours alone, according to CoinGlass.
Look at the chart. Three months of calm, then the two biggest towers of the entire quarter, back to back. Neither the bears nor the bulls...