Gareth Soloway Just Changed His Prediction as the Market Is About to Test Many Investors
1 extracted signal · 1 resolved · 0 still active
Savvy Minds Connect18 May 2026, 22:28 UTC
AI-generated source summary
The analysis suggests a bearish outlook for Bitcoin (BTC) in the short term, with a target of $60,000. A breach below $60,000 would likely lead to a drop towards $50,000. The presenter notes that Bitcoin has been trading within a parallel channel, and a breakdown below the lower trend line would trigger this bearish scenario. For Gold (XAUUSD), the analysis indicates a short-term downtrend, characterized by lower highs and lower lows. The target for gold is set at $3,500, with a potential drop to $3,500 or even sub-$3,500 if the current support level of $76 is broken. The presenter suggests that investors looking for long-term positions should consider buying gold on pullbacks below the $4,000 mark, as it is seen as a long-term store of value, unlike its recent behavior as a risk asset.
AI-generated summary based on the source content.
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