🚨 Metals Update: Bounce or Bottom❓
The recent liquidation in Gold and Silver has created a massive gap. Smart money is watching the reclaim of key support levels.
📊 Key Levels to Watch
GOLD ( $XAU ): Must hold $4,850 to confirm the reversal. Resistance at $5,100.
SILVER ( $XAG ): Oversold on the 4H timeframe. Support at $82.50; Target $90.00.
🔍 Market Insight
The recent crash was driven by CME margin hikes, not a change in fundamentals. Historically, when price drops while demand stays high, the "snap-back" is aggressive.
Status: Technical rebound in progress.
What to Watch: US Dollar Index (DXY). If DXY cools, Metals fly. 🚀
What’s your move: Buying the dip or waiting ?
