Lost too much this week also on XAUUSD, both Longers and shorters getting messed up , mental health of many traders shaken by gold. Moves like these, if your risk management isn’t tight enough , you will be messed up. Gold has been selling intensely for 3 days straight during the Asian and London markets, this is not normal for gold since it’s not in a bear market/bear run , been around long enough to confidently say this is a strategic and deliberate move by very large players. To add to that - There’s some positive in the middle eastern war - oil has been falling like a rock - it’s other asset class member (Silver and Btc ) are strong and ready to rally I will not be surprised if it’s a bank or two selling to either avert bankruptcy (a number of banks have been facing pressure recently) , or to close their short positions before it rallies hard later or liquidate someone.