'Investors Are Panicking' In Huge Sell-Off; What's Next For Stocks, Gold, Bitcoin? | Chris Vermeulen

Summary

Chris Vermeulen, Chief Market Strategist at TheTechnicalTraders.com, joins David Lin on November 4, 2025, as stocks, gold, and Bitcoin sell off. Chris views the equity pullback as normal and controlled, with his panic-selling indicator pointing to a buy-the-dip bounce, and he remains long QQQ/equities. He is bullish on precious metals, especially gold with a $5,100-$5,200 target, silver, and miners, while avoiding Bitcoin due an ugly broadening chart. He also explains his asset-revesting trend-following strategy and risk-management approach.

• US stocks are in a normal pullback/uptrend; panic-selling indicator and oversold readings suggest a bounce and buy-the-dip opportunity.
• Chris is long QQQ after a breakout and sees roughly 6% further upside on a Fibonacci measured move.
• He is bullish on the precious metals complex, expecting one more big run over the next month or two.
• Gold is seen as a buy-the-dip active trade with a $5,100-$5,200 target.
• Silver is consolidating and trying to bottom, with a potential inverse head-and-shoulders/rounding formation.
• Gold miners are oversold and may be forming an emotional pivot low with the broader metals space.
• Bitcoin has lost its shine; the broadening chart makes it unpredictable and an avoid, though he would not short it.
• Chris uses an asset-revesting, trend-following strategy with 5-12 trades a year and holds cash when out of markets.