END IS NEAR AND DROP COINING | Gold and GDX - Breakout Coming? | XLE: New King In Town

Added: 2026-06-02

[00:00:00]With the stock market right now, it is very dangerous of where it's at right now. And the reason [music] why is because when the market goes This is pretty parabolic right now in the stock market, right? And as as we've just had such a big move in the markets, and whenever this happens, it screams warning sign. Um cuz markets, especially the indices, right? Indices don't normally make this move as much as um as much as we as much as we have actually done just recently. So, that's the first thing I wanted to say. Now, what's happening with the metals and miners right now?

[00:00:34]I've been noticing something today with the metals and miners that has been We've been just holding here. We're not actually getting any strong selling off [music] this period. Now, that to me could mean we're basing out for another leg up coming soon [music] out of the metals and miners. Now, I was always thinking we're going to get more downside coming out of gold and silver and the metals and the miners. But, we're actually at a point right now where we actually could be seeing another move to the upside.

[00:01:05]I'm going to share with you exactly what that is in the markets as well, too.

[00:01:07]Plus also, the number one sector for me that I believe is going to be like the one that sector I'm really honing down on, and not just the actual sector, but some individual stocks is the energy sector. The energy sector to me is absolutely just I believe we're basing out here for the last few months. We're building a lot of energy to go for another big move in the market. So, anyway, that's what I wanted to come with you right now. Let's get to the charts. What I want to start off with with the chart segment in today's video is I want to help you understand the market and think about the market from an energy perspective. Because once we can really understand the market from an energy perspective, we get a much better understanding of what's going on, where are we in the market, and what's likely to come next. And based off that, what's likely to come next, we can make much better decisions in the marketplace. So, what I'm talking about here is this. You'll notice that the market goes through these phases, right?

[00:02:06]Look at this here. Just look at this this chart right here.

[00:02:09]We go through phases. We go through what? We go through a very big up phase and then we go through a down phase.

[00:02:15]Then we go through an up phase and down phase and up phase and a down phase and an up phase.

[00:02:22]We're sideways, down phase, and an up phase.

[00:02:25]Now, one thing you'll notice through here is what? We go through these different phases. Now, you see what we do here, right? Now, here's the really important thing. Think about the market like a fuel source.

[00:02:38]Okay? If this was a car, >> [laughter] >> that's a car.

[00:02:50]100% fuel tank, all right?

[00:02:52]>> [laughter] >> Bear with me.

[00:02:56]>> [gasps] >> If that's a car and we're going for a trip, going going going going going going going going going going going going. We're using this 100% It was at 100, then it's 70, 60, 40, 50, 10, and we go to a point where we need to stop and refuel.

[00:03:11]We go through a bit of a refueling phase. We get a bit of a pullback. Same thing through there, right? Up, down, up, down, up, down, up, down. Now, what do we see here and what do we what do we have here?

[00:03:22]So, the market actually has a very big move to the upside.

[00:03:26]Nice good pullback. Big move, nice good pullback. Big move, nice good Right? You see you see how it rhymes there, right? There's a good move, then there's a pullback. There's a good move, then there's a pullback. There's a good move cuz think about the energy source.

[00:03:40]The energy source is that if this is 100 down the bottom here, well, we know up the top here we're getting very close towards the tank of fuel being there's a warning light flashing. You've only got 10, 20% left before we need to refuel. And refueling either is a correction, like we see on the charts, sometimes slow, sometimes fast, or sometimes it's actually just could be just sideways through there.

[00:04:08]See that through there? So, this is a weekly chart we're looking at now. So, the reason why this is so important to understand is like what's happening right now. We're going through big parabolic move.

[00:04:16]And what's likely to come next is a correction phase, a bit of a pullback phase, a bit of a sideways phase, right?

[00:04:23]Cuz that's what markets do. They go through See what markets do? They go up for a while, then they go down. They go up, they go down, they go up, they go down, they go up, they go down. They go up, and then what comes next? They go down, or they go sideways, and then they continue up.

[00:04:37]Now, the interesting thing is as you can see from my trend line here, is just by looking at what's happening here with the markets here, this trend line here that I just that I've got drawn here, that there is about What is that? 5 months or so?

[00:04:50]So, maybe we're not going to get that, but I'm expecting now we're getting very, very close towards the high up here, right? Now, I'm not I'm not calling the exact top. I don't know when the top's going to be, and I wouldn't want to be short in this market, right? But one thing we're getting here is very you know, very close towards the the The end is near. The end is near before we start to see a bit of a correction or at least a bit of a pause here before we continue up. Now, I have a lot higher prices. I think we're going to get to 9,000 on these markets here.

[00:05:19]But with that being said, that is the whole thing that I'm saying right now with it when it comes to these markets here.

[00:05:25]So, but the way that we're going to get the 9,000 is correction, move, correction, move, right? That's the way we're going to see it there. So, right now, where we are right now in the markets, there is a lot of FOMO happening right now. Markets gone crazy. Markets still pushing up each and every single day, but we're getting very, very close towards the tank of fuel being empty. We now need a bit of a correction, bit of a pullback.

[00:05:50]Market go up, market go down, market go up, market go down. Market go up, market go down, market go up, market go down.

[00:05:57]See it? Just You know what's coming next, right? It's not like it's not going to happen. You know it's coming.

[00:06:01]You just don't know when and how long and so on and so forth. And the reason why that's important is because you don't want to be looking for new signals thinking the market's about to have a big move to the upside because you know what comes next.

[00:06:13]All right? Now, looking at gold and silver here, check this out.

[00:06:16]This is the gold market for me. Gold has to continue to be having a bit of a pullback, but is this pullback here, this little correction phase, is this little correction phase we're getting right now? Is this just a little short-term correction phase out of gold?

[00:06:33]Is that what we're getting right now?

[00:06:35]So, we've had as you can see with gold, right? We had a nice move up, bounce trend line, nice move up. Same as the stock market, right? Market go up, market go down, market go up, market go down, market go up, market go down, market go up, market go sideways, market go up, market go down, market go up.

[00:06:52]Are we about to see another move like that soon? Holding very, very, very strongly there, right? If we go and look at the actual mining sector, same thing.

[00:06:58]Coming back close down, but we're holding this level here.

[00:07:02]Interesting things going on right now.

[00:07:03]So, if we start to get if we start to get a nice sort of break above here, all this last little 5 months or so could just be what? Rebuilding the energy for another move. Very, very, very, very interesting. And the last thing I want to say is to me, one of the one of the sectors that I'm honing down big time, is I'm a firm believer, like I was talking about last year, that the XLE, the energy market, is the market to be on, right? To be focused on, to be Just That's the end of That's for me. For new trading opportunities, amazing. Big breakout last year. We're holding through here. I believe this is a first leg up in a bull market.

[00:07:40]And I believe there's another that I believe this the next stair step is going to be a much bigger stair step. We had a big We had a nice move up, big breakout. We're going through a bit of a stair step. I believe the next stair step is going to be much much much bigger. Then we're going to go and then we're going to go through another stair step.

[00:07:56]I always like to trade the first or the second stair step. This one here is the first stair step after doing nothing for 3 years. So, I believe there's a lot more upside to come. We're not there yet. We may still have another more few more weeks before this is ready to go again, but this is one sector with this sector here and plus all the other sectors out there, this is the place to be for me. Stock markets are getting ready to go for a couple of months of nothing, but I believe that silent little sector called the energy sector is not only breaking out, it's already happening right now after 20 years of doing nothing, but I believe that very first leg out, holding here, this is the sector I'm focusing on because there could be some amazing trading opportunities not only just with the actual XLE, but with some of the energy stocks. Hey, real quick, before you go, see that book on the screen right now? Go get access to this because what you're about to learn in how to create a fearless trading psychology, you'll discover the mental frameworks and the psychological shifts that give the elite traders the missing X factor and what's called the invisible edge that separates consistent winners from emotional gamblers. So, there should be a link in the description there or go to johnsfreegift.com right now. Go get free access, download this right now, go through it. It's nine chapters long, deep in detail, and once you read this, you'll start to really understand the psychological shifts that most traders simply don't understand.