Episode 66: Is Gold Finally Waking Up? With Dale Pinkert

Market volatility dictates a cautious approach to current trading opportunities, particularly in the energy and technology sectors. Oil faces critical resistance at $88, suggesting a potential pullback rather than an immediate breakout. While gold and silver show signs of life, technical indicators remain unconvincing, warranting a disciplined wait-and-see strategy. Semiconductors, specifically Micron, present a potential shorting opportunity as they appear to be in a failing rally. Meanwhile, the grain complex, led by wheat, continues to outperform, signaling a broader inflationary trend. Investors should prioritize risk management, using partial profit-taking and trailing stops to navigate market uncertainty. Trading coach Dale Pinkert emphasizes the importance of building a strong evidentiary case before entering positions, warning against the pitfalls of levered ETFs and impulsive trades driven by market hype or sentiment.