Gold Bull Run Or Fakeout? Miners The Best Swing Short

Gareth Soloway, Chief Market Strategist at VerifiedInvesting.com, does a full deep dive on gold, silver, platinum, palladium, and copper to answer one question: are the lows in, and if not, where do you buy? Gareth walks through the pullback in gold after its roughly 19% run, the major trend line and Fibonacci confluence it just ran into, and why he sees the gold miners, not gold itself, as the better short here in the near term. He is careful to separate the near-term swing-trade view from his long-term stance, where he remains extremely bullish on precious metals.

Gareth breaks down how he draws a trend line off major pivot points, why hitting a line over and over eventually leads to a breakout, and how he layers a Fibonacci retrace on top to find a confluence zone. He uses the "door stacked on a door" analogy to show why multiple factors at one level are so hard for price to push through. He then contrasts Newmont Mining (NEM) sitting back at its all-time high against gold still well below its own high, and explains the disparity that makes the miners look ahead of themselves.

On silver, Gareth lays out why the bounce has been weaker, where his dream buy entry sits, and why he is not shorting it down here. He gives his copper short trigger and downside target, plus his support and buy zones on platinum and palladium. He closes on the mindset that drives all of it: trading off logic and data instead of emotion.