I Just Raised My Gold Bottom Odds to 80% — But Don’t Chase Yet

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Gold may be entering a new bull-market leg — but after last week’s explosive rally, I’m not chasing. My odds that the low is already in just jumped from 40% to 80%, and I’m preparing to buy the next dip in gold, silver and selected miners.

In this video:

0:00 Why I’m Buying the Next Gold Dip
1:03 Gold’s Best Week in Months
1:24 The Triple Bottom in Gold
1:55 Why Gold Is Due for a Breather
2:23 Gold Daily Chart Breakdown
3:07 Gold Hits Major Resistance Near $4,400
3:40 Why This Rally Was a Short Squeeze
5:10 US Dollar Double Top and Breakdown
6:32 Dollar Bear Flag Explained
7:21 Why Dollar Weakness Supports Gold
7:49 Gold Pullback Levels to Watch
8:15 First Buy Zone Near $4,240
8:25 Second Buy Zone Near $4,215
8:41 Wall Street Shorts Got Trapped
9:21 My Gold Bottom Odds Jump to 80%
9:40 Why I Changed From 40% to 80%
12:03 Gold Weekly Chart Turns Bullish
13:24 One of the Strongest Weekly Signals Yet
14:10 Why Every Dip Is Now a Buying Opportunity
15:03 Gold’s Massive $4,500 Resistance Zone
16:02 Why I’m Not Chasing Gold Here
16:18 3 Small-Cap Gold Miners to Watch
16:34 Banyan Gold Breakout
17:15 International Tower Hill Breakout
18:40 Earnings Risk Before Buying
19:22 i-80 Gold Breakout Setup
20:28 Final Gold and Mining Stock Strategy

The key shift is probability. Last week, I believed another undercut was more likely. After the latest price action, strong weekly candle, trapped shorts and improving intermarket signals, I now assign an 80% probability that the low is already in.

That does not mean gold goes straight up. The next pullback may offer the better opportunity.

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