Gold And Silver To Dump? Oil MAJOR Trade Level, Plus Platinum And Palladium

Overview (commodities vs equities)

• Gareth Soloway (Verified Investing) says gold and silver rose when stocks rose, but gave back gains when stock markets turned down. This implies that if equities pull back, gold/silver likely fall.
• He frames oil as trading inversely to markets and highlights geopolitical headline risk tied to U.S.–Iran negotiations and hostilities.

Instruments / tickers mentioned

• Gold (XAU price levels; specific ticker not given)
• Silver (no ticker given)
• Platinum (no ticker given)
• Palladium (no ticker given)
• Oil (implied crude; no ticker given)
• Bitcoin (mentioned in sponsorship context)

Key price levels & technical calls

Gold

• Intraday move:

  • Rallied to ~4,770
  • Then fell to ~46.85 and was described as “negative on the day” (the subtitle presentation appears inconsistent; the actionable levels are elsewhere).

• Major upside trigger:

  • $5,000: “Only thing that would get my attention” if price attacks it.

• Downside framework (parallel channel / pivot-based):

  • Downside target at the low end of the parallel: ~$3,800–$3,900
  • Next major pivot/trendline support:
    • ~$3,900 = first major technical level
    • ~$3,500 (or below) = stronger “start accumulating longer term” zone

• Trend context:

  • Near-term downtrend: “lower highs and lower lows” since a top around February
  • Long-term bull market on a weekly chart; expects eventual return toward all-time highs
  • Says “$10K is very realistic.”

• Explicit strategy/recommendations:

  • If gold reaches ~$3,900: treat as a swing trade buy
  • If gold reaches ~$3,500 or below: start accumulating longer-term positions

Silver

• Resistance / pivot zones:

  • Rally capped at ~$82, then reversed and sold off
  • Trading-range conflict cited between $82 and ~$66 to $64

• Upside if breakout:

  • If breaks above $92–$93, the setup becomes more bullish (implying it shifts away from bearish below that area)

• Downside probability (bearish flag / consolidation):

  • As long as the bearish flag remains, he expects downside retest of ~$60–$64
  • Year-end call: “by year end $50 or sub $50”

• Method caution/disclosure (probabilities vs certainty):

  • He says he’s using “probabilities,” not certainties, noting: “it doesn’t mean it’s always right.”

Platinum

• Swing-buy zone based on pivot structure:
  • Buy zone: ~1,690 down to ~1,625
• He characterizes it as a swing trade buy level (not clearly positioned as a long-term “accumulate” call).

Palladium

• Pivot/positioning toward a buy zone:
  • Start buying if price comes into ~1,235 to ~1,200
• A resistance reference is mentioned via a trendline, but no specific sell/target number is provided in the subtitles.

Oil

• Macro/geopolitical narrative:

  • Discusses repeated U.S.–Iran “deal” headlines that fail to materialize
  • Mentions ceasefire complexity; expectations swing with headlines

• Short-covering / trade management:

  • Says he covered his short “yesterday” on a dip (details not fully quantified)
  • If oil rallies back to his “short level,” he will short again
  • Short trigger/level: ~115
  • He notes it’s uncertain whether price will reach that high, but if it does, it’s the “great short” setup

• Specific volatility claim:

  • Oil dumped over 10% peak-to-trough “yesterday”

• Allegations/risk note (not a formal disclosure; presented as a cautionary claim):

  • He claims traders reportedly traded about $170 billion in oil contracts “the hour before” news released (suggesting insider information)

Methodology / framework used (as described)

• Technical analysis via “parallel channel”

  • Use a single major parallel channel on gold (limited indicators)
  • Add trend lines tied to pivot points
  • Project targets from:
    • Channel-defining high/low pivots
    • The low end of the parallel

• Multi-timeframe approach

  • Near-term: follow lower highs/lower lows (downtrend signal)
  • Long-term: check the weekly chart for the broader regime

• Probabilistic trading

  • He explicitly says he trades “purely probabilities” (casino-odds framing) and tries to “stack the odds” using chart levels

• Pivot-zone planning

  • Platinum/palladium: define buy zones using pivot structures and nearby resistance/trendline context
  • Oil: define a retest short level after covering an earlier position

Key numbers / timelines mentioned (consolidated)

• Gold

  • Upside/attention: $5,000
  • Downside target zone: ~$3,800–$3,900
  • Accumulate longer-term: ~$3,500 or below
  • Downtrend timeframe: since February (this year)
  • Long-term target claim: $10K realistic

• Silver

  • Resistance: ~$82
  • Range support: ~$66–$64
  • Upside breakout: ~$92–$93
  • Year-end call: $50 or sub-$50

• Platinum

  • Buy zone: ~1,690 to ~1,625

• Palladium

  • Buy zone: ~1,235 to ~1,200

• Oil

  • Short level / retest: ~115
  • Volatility claim: >10% peak-to-trough (yesterday)
  • Alleged contracts number: ~$170 billion (per his claim)

Disclosures / disclaimers mentioned

• He emphasizes his approach is probability-based, not certainty (e.g., “doesn’t mean it’s always right”).
• No explicit “not financial advice” disclaimer appears in the provided subtitles.

Presenter / sources

• Gareth Soloway — Chief Market Strategist, Verified Investing (verifiedinvesting.com)
• Sponsorship referenced: Rumble / Rumble Wallet (Bitcoin/gold/crypto access mentioned; not presented as an investing recommendation within the chart calls)