Gold’s $5,000 Tug-of-War: Is the Bulls’ Multi-Year Supercycle Facing a Fatal Breakdown?

From fxleaders.com

As of March 16, 2026, the gold market is in a tough spot. Earlier this year, XAU/USD broke records above $5,600, but now prices are struggling to stay above $5,000. Long-term, central banks and a changing global reserve system still support gold, but in the short term, profit-taking, margin calls, and a stronger US Dollar are weighing on the market. For the first time in months, buyers looking for bargains are facing strong selling pressure that could change the technical outlook. With ten years of experience in the markets, I see a rare liquidity squeeze happening now. Normally, rising tensions in the Middle East ... (full story)