🔥 Precious Metals Crash Alert – Feb 1, 2026 🔥
Budget Day triggered a BLOODBATH in #Gold and #Silver. MCX futures hit lower circuits as heavy profit-taking, strong USD, and duty cut fears sparked forced liquidations. $XAU
💥 Gold plunged ~16% from highs.
💥 Silver crashed nearly 40%! $ZEC
📉 Volatility exploded, arbitrage broke, and panic swept markets.
Yet… a small bounce hints selling pressure may be easing. Key supports: $POWER
➡️ Gold: $4,750
➡️ Silver: $83
Is this a once-in-a-cycle dip buy… or the start of a deeper crash? 👀
#GoldCrash #SilverCrash #MarketPanic #Investing #Commodities