Barry Dawes of Martin Place Securities shares his thoughts on the gold sector and one stock he is looking to buy back into.
Gold has not shown any strength here.
These are not bullish market actions.


Free Reports:
Sign Up for Our Stock Market Newsletter – Get updated on News, Charts & Rankings of Public Companies when you join our Stocks Newsletter
Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.
Weakness is already showing with gold, down US$22 at the time of this article.
A big fall is coming.
Commitment of Trades in Gold
An interesting EW view from @ElephantCapita2
Wave 4 correction coming.
Would give 160 on XAU, then new highs coming.
Wait for re-entry to our best big gold stocks.

North American Gold Stocks
This is one for the history books.
100% ratings here!
Too much enthusiasm here:

Here likely to pull back to at least 10. Up 70$ in 2025, and up 120% in 18 months.

Look to buy back into Northern Star Resources Ltd. (NST:ASX) below AU$13 sometime in September or October.

ASX Gold Sector
ASX gold index is back to 10,000.

There are too many gaps in the ASX gold index.

Head the markets!
Important Disclosures:
- Barry Dawes: I, or members of my immediate household or family, own securities of: None. My company has a financial relationship with: None. My company has purchased stocks mentioned in this article for my management clients: None. I determined which companies would be included in this article based on my research and understanding of the sector.
- Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.
- This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports’ terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.
For additional disclosures, please click here.

- The US stock indices once again finished the trading session at new all‑time highs Jun 1, 2026
- USD/JPY Approaches 160.00: Is Another Intervention Coming? Jun 1, 2026
- COT Metals Charts: Weekly Speculator Changes led by Steel May 31, 2026
- COT Bonds Charts: Speculator Changes led by 2-Year & 10-Year Bonds May 31, 2026
- COT Energy Charts: Speculator Bets led by Gasoline & Bloomberg Index May 31, 2026
- COT Soft Commodities Charts: Speculator Changes led by Coffee May 31, 2026
- The US and Iran have reached an agreement to extend the ceasefire and gradually unblock the Strait of Hormuz May 29, 2026
- Volatility in EUR/USD Eases, but Market Risks Remain May 29, 2026
- Bitcoin fell below $74,000. The Canadian dollar dropped to a six‑week low May 28, 2026
- Gold Under Pressure: Third Consecutive Session of Declines May 28, 2026


