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Is It Time to Sell the ASX and Buy the Dip on Gold?

With the ASX under pressure and gold recently taking what some are calling a “crash,” investors are asking one big question: is it time to sell stocks and buy the dip in gold?

In this week’s analysis from Wealth Within’s Australian Stock Market Show, our analysts Fillip Tortevski, Janine Cox, and Pedro Banales break down the latest market trends, explain the reasons behind the volatility, and share the stocks worth keeping on your radar as the year draws to a close.

For those new to trading or wanting structured guidance through volatile markets like these, Wealth Within’s accredited Trading courses provide step-by-step education to help you learn to trade shares confidently and profitably in any market condition.

The ASX Market Pullback: A Healthy Pause or Warning Sign?

While the headlines scream “crash,” our experts urge caution before jumping to conclusions. According to Janine Cox, the ASX’s pullback is not unusual.

“Every time the market pulls back in a healthy way, the media calls it a crash. But real investors follow their rules, if you’ve got proper trade management, you’re fine,” said Janine.

The Wealth Within team emphasised that the trend on the ASX remains intact, and traders with a solid process can take advantage of corrections rather than fear them. They note that if the All Ordinaries dips around 6% toward the 9,000-point level before turning up again, there’s potential for a rip-roaring rally into 2026.

For those still learning how to apply technical and fundamental analysis to identify turning points, the Diploma of Share Trading and Investment teaches a proven five-step approach to trading with precision and confidence.

Gold’s “Crash” Or Just a Natural Pullback?

Gold’s recent double-digit fall has sent traders into a frenzy, but according to Pedro Banales, the panic is misplaced.

“Gold is only down about 9%; that’s a pullback, not a crash. The fundamentals haven’t changed, and the opportunity for traders is still there.”

While investors rush to react emotionally, Wealth Within’s analysts highlight how understanding chart structure and timing gives traders the edge. Pedro added that with technical analysis skills, traders can recognise support zones and plan entries before the “masses” buy back in.

If you’re ready to refine your market timing and analysis, the Advanced Stock Trading Course dives deep into Elliott Wave and time analysis; tools used by professional traders to identify the when of market movement.

Key Gold and Banking Stocks to Watch

The show spotlighted several stocks providing potential setups. Among them:

  • Newmont Corporation (ASX: NEM) has mirrored gold’s price drop. Despite the pullback, Janine noted it’s likely a natural return to trend rather than the beginning of a collapse.
  • Monthly chart of Newmont Corporation.

  • Northern Star Resources (ASX: NST), a standout gold miner that’s rallied strongly in recent months but could correct short-term. Traders without clear rules may sell out too early, missing the recovery.
  • Monthly chart of Northern Star Resources.

  • Westpac (ASX: WBC), which reported stable results and a modest dividend increase. Though at all-time highs, its technical pattern suggests potential for short-term selling before resuming its longer-term trend.
  • Monthly chart of Westpac.

Learning to interpret pullbacks and reversals correctly is one of the most valuable trading skills, developed through structured Share trading education. Our Short Course in Share Trading equips traders with those exact tools to identify when a fall is an opportunity, not a risk.

Emerging Opportunities: Financial and Resource Sectors

Beyond the banks and gold, several second-tier financial institutions like Judo Bank (ASX: JDO) and Pepper Money (ASX: PPM) were also discussed as potential buy-the-dip or breakout candidates.

Monthly chart of Judo Bank.

Pedro highlighted how patience pays off with newer listings:

“These stocks have clear levels to watch. Technical traders who wait for confirmation could catch the next big move before the crowd does.”

Monthly chart of Pepper Money.

Similarly, Capital Limited (ASX: CAA), an aluminium-related manufacturer, emerged as an under-the-radar resources play that could benefit from renewed commodity strength should the U.S.–China trade truce support industrial demand.

Monthly chart of Capital Limited.

To see these technical examples in action each week, visit our Hot Stock Tips videos in the ASX video library for live chart reviews, trading setups, and market insights directly from our analysts.

Lessons from the Market: Risk, Rules, and Discipline

The consistent message throughout the discussion was simple yet powerful: trading without rules is gambling.

Janine explains:

“New traders think they’re short-term traders because they buy and sell often. But real traders have a strategy, they know when to act and when to wait.”

Without a structured method, most traders fall into classic traps like selling at market lows and buying near peaks. With proper training, however, you can reverse that pattern and profit from what others fear.

Wealth Within’s Trading courses teach exactly that: how to build a personalised trading plan, master analysis, and approach the market with true confidence and certainty.

Final Thoughts: Don’t React, Prepare

Market pullbacks and volatility aren’t threats, they’re opportunities for those who know how to read them.

“Patience, preparation, and pattern recognition are what separate successful traders from emotional ones,” said Fillip Tortevski.

As we head towards 2026, both the ASX and gold markets show promising setups, but to capitalise on them, you need skill, not speculation.

Take charge of your financial future with real, structured education through Wealth Within, Australia’s only government-accredited share trading educator. Learn more About Wealth Within and explore the pathways that have helped thousands of Australians trade confidently and achieve lasting success.

Ready to stop guessing and start trading with skill? Join Australia’s most trusted trading educator and take the first step with the Short Course in Share Trading.

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