Precious Metals Shock ⚠️
Gold and Silver saw a violent sell-off after record highs.
• Gold (XAU/USD): −8–11% drop to $5,128, support holding near $5,100
• Silver (XAG/USD): −25% crash to $84 after blow-off top
• RSI: Reset from extreme overbought → cooling momentum
What triggered it?
Hawkish Fed shift (Kevin Warsh nomination), AI stock liquidation, CME margin hikes & strong USD
Levels to watch:
Gold support $5,100 → $4,850
Silver key support $72
⚠️ High volatility — avoid early bottom fishing
