Gold just suffered its steepest weekly decline in more than 14 years, plunging toward $4,100 an ounce before a violent rebound. While mainstream headlines credit the pause on Iranian energy strikes, Gareth Soloway, Chief Market Strategist at Verified Investing, warns that a much larger, systemic threat is driving the selloff.
In this compelling macro and technical breakdown, Soloway explains how a brewing crisis in the $2 trillion private credit market is triggering margin calls, forcing investors to liquidate gold as it behaves increasingly like a risk asset. Furthermore, he reveals the chart that is truly dictating U.S. geopolitical policy: the U.S. 10-year yield nearing 4.5%.
Soloway maps out his exact technical targets, explaining the “Phoenix effect” setup that requires a washout of weak hands before gold resumes its long-term trajectory toward $10,000. He also details his warning for the S&P 500, the failure of the U.S. dollar’s crisis bid, and why capital is currently rotating into Bitcoin.
(Recorded on March 23, 2026)
Follow Jeremy Szafron on X: @JeremySzafron (
Follow Kitco News on X: @KitcoNewsNOW (
Follow Gareth Soloway on X: @GarethSoloway (
In This Video:
00:00 Gold Crash and Whiplash
01:18 Bear Case: Gold as a Risk Asset
04:00 Key Gold Levels and Bounce Setup
05:35 How Low Can Gold Go?
07:54 Silver Divergence and Targets
10:48 Miners & GDX Swing Trade
13:27 Oil, Yields, and Fed Pressure
17:28 Liquidity Squeeze and 2008 Echoes
21:47 Dollar Weakness and De-dollarization
25:27 Investor Playbook and Bitcoin Rotation
29:07 Trading Psychology and Wrap Up
Special thanks to our sponsor, Swan Bitcoin, the real Bitcoin company, for making this coverage possible 👉 To learn more, get started at
#Gold #Bitcoin #Macro #GarethSoloway #KitcoNews
__________________________________________________________________
Like, share, and subscribe to Kitco News—and turn on alerts to stay current with expert interviews, market insights, and breaking news coverage.
FOLLOW US:
X:
Instagram:
Facebook:
LinkedIn:
Listen to the PODCAST on
🎧 Spotify:
🎧 Apple Podcasts:
🎧 All podcast episodes available here →
Visit: for live gold, silver, and crypto prices, the latest mining news, and macroeconomic insights.
Live gold price and chart:
Live silver price and chart:
Live crypto market data:
For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at:
Disclaimer:
The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.
source

35 Comments
The biggest problem is we are all pricing real money in fiat debt notes that are really worth nothing.
With Stagflation or a really bad recession a guaranteed event coming or is here. About the oil I don't see Iran giving up! So how is oil going down? Does Gold not go up?
I don’t like this guy. Because he’s a perma bear.
Going much lower( silver)
I'm not a trader generally, but it makes sense to listen to those that are in moments of high volatility. Like now. This guy Gareth Soloway makes a lot of sense and explains things very well.
Isn’t that BTC daily chart a text box bear flag?
Novice here. When .markets panic everything sells off and goes to usd
I see Gareth has employed his "positive comment" bots once again.
Remember folks….in Markets that crash EVERYTHING gets SOLD for Cash, to cover margins, losses etc…..In COVID, and 08/09 Gold crashed ….BUT it recovered more quickly after the Crash,….so always have some dry powder to buy the DIPS….. take profits….Hold cash….and BUY the DIPs!!!!
This con artist…
Good analysis
#BTC 😮 0:16 #XRP 0:25 😅
In other words, buy Bitcoin now, or just draw cash out and set fire to it
These charts are meaningless. You may as well draw a random line by twiddling left and right knobs on Etch a Sketch and go with that.
Gareth got it wrong last year and he is going to get it wrong today. Likely gold has already bottomed at 4100 on 23 MARCH
Many are called few are chosen like commentators for Gold and Silver..
Egon von greyers is the master of this topic..
Been following him for iver 10 yrs.. He is spot on!!!
Gareth's predictions of gold pullback levels are almost always too low. He's willing to lose out on gold trades because he has other things to trade. But average investors who want gold exposure will feel bad about missing the entry and end up FOMOing higher. Right now is a good enough entry.
The fake paper derivatives market gives guys like this credence. They analyze it like they would any stock.
Couldn’t agree more
Gareth is a great technician.
Let's not forget Gareth's subscribers were shorting silver at $50 and then it went up to $120. He probably kept adding to those positions.
Even a broken clock is right two times a day! Guy is clearly guessing like always.
Golds bounced in the short term just like he said!
Garrett was SO wrong about BTC. Talking head only.
What if you spent all your money when mining stocks were higher. Do you sell some and then wait for it to go lower to buy in or what might be the best strategy
Trump is hearing voices again!!
The US is not meeting Iran in any way….its just lies
Most people only react after moves happen.
The interesting part is understanding why sectors move in the first place… that’s where platforms like InvestorScope360 come in.
Why didn't he tell us a month ago?
Clown Soloway …
So it could go lower or it could go higher.
Iran demands $2 Trillion war reparations. That should bring the US Debt to a neat $42Trillion, a real boost to gold.
Great interview. Gareth is a master technician.
Regardless of whether Gareth is right or wrong on the markets, he definitely has his act together and does a great job of presenting his case.!!
One and only Beareth 3600!