🚨 Gold & Silver Taking a Hit
Sharp sell-off hitting metals right now.
📉 Gold ($XAU ) just saw a strong rejection from recent highs and dropped below key moving averages — momentum clearly turning bearish short term.
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📉 Silver ($XAG ) showing even stronger weakness, breaking support with heavy selling volume — risk-off pressure accelerating.
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⚠️ What this means:
• Profit-taking after strong rally
• Dollar strength + macro uncertainty
• Short-term correction phase likely
If support levels don’t hold, deeper pullbacks could follow before the next trend move.
#Gold #Silver #Markets #Macro