Want to stay ahead of the curve? Subscribe to the 21Shares newsletter for timely market updates and trend breakdowns: https://bit.ly/3HSNFwsFollow @21Shares on YouTube: https://www.youtube.com/@21sharesFollow @21Shares_ on Instagram: https://www.instagram.com/21shares_/Follow @21Shares on Linkedin: https://www.linkedin.com/company/21shares-us/Follow @21Shares_US on X: https://x.com/21Shares_USChris Vermeulen, Chief Market Strategist at The Technical Traders, warns that gold and stocks are both showing signs of extreme investor enthusiasm that typically leads to pullbacks, though he believes gold has more upside potential than equities.*This video was recorded on September 24, 2025.Subscribe to my free newsletter: https://davidlinreport.substack.com/Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34sListen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-reportFOLLOW CHRIS VERMEULEN:The Technical Traders: https://thetechnicaltraders.com/davidlin/YouTube channel: https://www.youtube.com/@UCenLy4V5NgxEz7pwosA9hiw X (@TheTechTraders): https://x.com/TheTechTraders FOLLOW DAVID LIN:X (@davidlin_TV): https://x.com/davidlin_TVTikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tvInstagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/For business inquiries, reach me at [email protected]*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.0:00 - Intro.0:55 - Jerome Powell on stock valuations and the FOMO indicator4:39 - S&P 500: 44% of time near ATH7:24 - Gold14:24 - Parabolic moves18:19 - Trading trends and surfing market waves21:30 - bull vs bear markets25:04 - Mean reversion theory27:06 - Gold analysis38:22 - S&P 500 resistance levels and targets40:46 - Bitcoin#economy #investing #stocks