Gareth Soloway — market thesis over time

Soloway said gold was likely to “just chop and digest” after such an impressive move higher. His view was that the metal was consolidating after a strong run, rather than immediately extending. The emphasis in his comment was on cooling off and working off the prior advance.

“what it's going to do is just chop and digest because it's had such an impressive move up”

Soloway described gold as having a “strong bullish bias” and said the upside could be “easily to four, maybe $5,000 over the next year or two.” He framed that view around the current trend line holding, which kept the broader setup constructive. The quote shows he saw the consolidation as part of a bullish structure rather than a reversal.

“strong bullish bias here with upside easily to four, maybe $5,000 over the next year or two”

Soloway said the trend line going back to the COVID period was significant, indicating he was focused on a major technical level in the S&P 500 and QQQ. He linked that level to the possibility of “massive bounces,” which shows he was treating the area as a pivotal inflection point. The updated stance reflects concern that the market was approaching a technical line with major consequences.

“this trend line going back to CO is significant. It either causes massive bounces”

Soloway said that if Bitcoin confirms above its long-term trend line, “you have to assume it makes a new all-time high.” His view became constructive on the basis of that confirmation setup, with the trend line acting as the key trigger. The quote frames the move as a conditional bullish case tied to technical confirmation.

“If it confirms, you have to assume it makes a new all-time high.”

Soloway said the bear market in silver would be “even shorter,” potentially lasting “a couple years” or “three years” in that range. His comment focused on a cycle framework in which silver’s future bear phases may compress relative to the longer historical ones. The updated view was about the changing rhythm of silver’s multi-cycle behavior.

“the bare market on silver will be even shorter, potentially as little as a couple years or even, you know, three years, two years, somewhere in that vicinity”

Soloway said Bitcoin’s “breakdown” was part of “a bigger bearish pattern” and that it was likely taking the market down to 60,000. His view shifted to a bearish technical interpretation centered on the loss of support. The quote presents the move as a continuation lower from a pattern breakdown.

“this breakdown which is again a bigger bearish pattern it likely is taking us down to 60,000”

Soloway said he had called for oil to “push up off of this level” based on technical analysis, and noted that it had already gained 10% in two days. His view became more constructive as price responded from the gap fill area he was watching. The comment ties the bullishness directly to the technical reaction at that level.

“I said oil will push up off of this level based on technical analysis and it gained 10% now in two days”

Soloway said he “love[d] this for a pullback” to about $80 or maybe $78 a barrel. He was now looking for oil to back off from the higher level and return toward lower support. The quote shows a renewed bearish short-term expectation after the prior bounce.

“I love this for a pullback down to about $80 or even maybe back to about $78 a barrel”