Oil Trap? Why Prices Are Dropping Despite Chaos + Huge Bitcoin Breakout

Oil prices retreat despite geopolitical chaos as technical signals point to a $67.25 target.

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Source: DepositPhotos

Despite a weekend completely dominated by geopolitical chaos—including downed fighter jets over Iran, a heroic airman rescue, and escalating social media threats from the President—Oil is surprisingly trading lower. While the masses expected crude to easily rip past $120 a barrel by Monday morning, the technical charts told a completely different story. Gareth breaks down the critical "topping tail" candle that signaled this exact bearish reversal. He reveals why institutional money is fading the retail panic, exactly where his short positions are sitting, and why crude could be headed all the way back down to fill a massive gap at $67.25 by year-end.

Next, we pivot to the precious metals market. Are Gold and Silver acting like true safe-haven insurance policies right now, or have they become momentum-driven risk assets? Gareth pulls no punches, explaining why the "get rich quick" crowd needs to be completely washed out before these metals can rise for fundamental reasons—like fiat currency debasement, de-dollarization, and soaring U.S. debt. He shares his controversial downside targets, including a potential drop to $3,500 for Gold and $49–$54 for Silver, warning traders not to get caught in the hype of a bear flag.

Finally, we tackle Bitcoin. With retail sentiment currently overwhelmingly bearish and amateur traders screaming about a massive drop to $30k, the charts are setting up to do what they always do: the exact opposite of what the crowd expects. Gareth highlights a potential confirmed breakout that is showing the bears the door, setting up a potential rocket ride to retest the $75,000 to $85,000 levels. When the crowd leans too far in one direction, the market always corrects to squeeze them out!

Video Length: 00:10:08

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