$XAU Precious Metals Bloodbath: Gold Sheds $150, Silver Crashes 15%! 🩸📉
The precious metals market is experiencing extreme volatility, triggered by a wave of panic selling. Silver has been particularly hard hit amidst this significant decline. 💥
Spot Gold $XAUUSDT has broken below the $4,810/oz support level. Intraday drops now exceed $150, marking a -3.12% decline. This represents massive volatility for a premier safe-haven asset. ⚠️
The situation for Silver $XAGUSDT is even more severe. Spot prices have capitulated, with declines widening to a staggering 15%. Currently trading around $74.86/oz, weeks of gains have been wiped out in a single session. 📉
A double-digit percentage drop in Silver is a classic sign of a Liquidation Cascade. Speculators are rapidly exiting the market, exacerbating the crash. 🌊
With Silver crashing 15% in a single day, is this a generational buying opportunity or a dangerous falling knife? What's your take? 👇
News is for reference, not investment advice. Please read carefully before making a decision.