Yields Slammed Down Off Resistance As Oil Drops, Market Rally On Tap, Gold Likely To Bounce

Yields get slammed down off resistance, oil drops, and gold looks ready to bounce. 🔗 Trade alongside the Verified Pro Traders in the Apex Live Day Trading Room: https://verifiedinvesting.com/product... The 10-Year pierced 4.8% overnight and got rejected. Oil fell from $92.40 to about $88 around 7am. Futures ripped on both. Gareth Soloway simplifies the tape into one rule — yields and oil up, markets down; down, markets up — then shows why he was already positioned for it, including the gold long he took into the level. 📐 TODAY'S GAME PLAN 🔵 ADP — Roughly 37,000 private jobs added, in line to fractionally weaker. Not the payrolls print, but it points the same way for Friday — the last major data point before the Fed meeting. 🟢 THE 10-YEAR — The chart that decides everything. Price pierced 4.8% overnight, the January 2025 high pivot, and pulled back — a textbook double top. Gareth respects a level until proven otherwise, and acted: he went long gold with Smart Money Commodities members before the rejection confirmed. A daily close above 4.8% opens 5%. 🔵 SPY — Still above the 7,570 pivot, so he stays net bullish; below it neutral, and only a break of the lower threshold turns him bearish. His best point: the S&P is 3% off all-time highs with yields near 4.8% and oil near $90. Ease oil to $80 to $85 and yields to 4.7%, and new highs are back in play. 🔴 DXY — Grinding up on a strong bounce. But the trend line already broke, so even a full retrace favors an eventual move lower. Constructive for gold and possibly Bitcoin. 🔴 JAPAN — The 10-Year hit 3.03% overnight and is back to 3%. Gareth uses it to teach psychological round numbers: price pierces them, then reverses. A daily topping tail is forming — bearish — and if Japan's yields pull back, US yields likely follow. 🟢 GOLD — The call. Gold traded to $4,280 overnight, pierced the support zone he mapped yesterday, and is back to $4,340. He shows the fib live: drag from the low to the recent high and the 50% retrace lands on that same zone. He expects a bounce to $4,400 to $4,450. On new highs he says plainly he does not know. 🟢 SILVER — Same structure: a high pivot became resistance, price kissed it, broke out, and it flipped to support. Silver kissed it again overnight, so a technical bounce is the expectation. 🔵 US OIL — Broke out and is pulling back toward the $84 to $85 trend line, where old resistance becomes support. Gareth is hesitant: one peace headline on Iran and oil drops $7 to $10 before you can react. Every level can fail — what matters is the size of the loss when it does. 🟢 NATGAS — Flushed yesterday and rebounded. He still likes the chart and is bullish above his pivot line, but it needs to clear the zone overhead. 🔴 BITCOIN — The bear flag from yesterday is trying to play out. The number that matters is the August 23 low, the lowest of the consolidation candles. Hold it and he is not concerned; break it and it likely signals a bigger decline. 🔴 DELL — Amazing earnings and guidance raised beyond expectations, with a big pre-market move. No day trade level, but every tag of the ascending trend line has produced a substantial pullback — three times now. He eyes $515 to $520 as a swing short. 🔵 MONGODB / CRDO / PANW — MongoDB fell roughly 14% on weak guidance after popping on earnings; the $370 gap fill is the day trade. CRDO is the better setup: a gap fill, a pivot low, and the 0.618 fib stack between $168 and $176. Palo Alto is quiet, but a head and shoulders is forming — today's gap down may complete the right shoulder, and a close below the $333 to $335 neckline signals more selling. 🔑 KEY TAKEAWAY: Gareth was long gold before the yield rejection, not after. That is the point of marking a level in advance — the 10-Year was into resistance, resistance rejects until proven otherwise, so the trade was already set. Positioning ahead of the level is what separates probabilities from headlines. ⏱ TIMESTAMPS (estimated) 00:00 ADP Comes In Line Ahead of Friday 02:30 Yields Pierce 4.8% and Get Rejected 05:30 The Double Top on the 10-Year 08:00 Why He Was Already Long Gold 12:00 S&P: 3% Off Highs at 4.8% Yields 17:00 Japan's Topping Tail at 3% 21:00 Gold's 50% Fib and the Bounce 25:00 Why He Will Not Buy Oil Here 28:00 Bitcoin's August 23 Line 30:00 Dell, MongoDB, CRDO, Palo Alto ✅ SUBSCRIBE for Gareth's game plan every weekday at 9am ET. 💬 COMMENT: Does the 10-Year close above 4.8% this week? 👤 FOLLOW @verifiedinvesting @garethsolowayprotrader 🔒 Gareth and the Verified Investing team will NEVER contact you asking for money or offering trades. Anyone who does is impersonating us — report and block them. ⚠️ Educational and informational only — not financial advice. Gareth Soloway and Verified Investing are not registered investment advisors. Trading involves substantial risk of loss. Past performance does not indicate future results. #StockMarket #Trading #Yields #Gold #Oil #Silver #Bitcoin #SP500 #DayTrading #Investing