Technology Sector and Metal Market Storm

🔔 Technology Sector and Metal Market Storm: What Happened? 📉

Today the market faced a real 'black swan'. Tech giant Microsoft’s stock price plummeted by 10%, marking the worst performance since the outbreak of the COVID-19 pandemic in March 2020. This drop dragged down the entire software industry and triggered a chain reaction in the stock market.

Precious metals, which have been hitting new highs for weeks, also failed to withstand the general market pressure:

Gold: Dropped sharply from $5500 to around $5150. Silver: Suffered heavy losses. In just one hour, the price plummeted from a historic high of $121 to $108 per ounce.

The market is clearing 'long' positions and entering a highly turbulent phase. In such moments, liquidity is your best friend.

Protect your positions and don't forget to set stop-loss orders! 🛡️

Want to know how this plunge will affect Bitcoin and the entire cryptocurrency market? Microsoft #TechSector #Gold #Silver #PreciousMetals