Video News/Market Analysis
Gold’s ‘bullish setup’ explained: Here's what the charts are saying now - Gary Wagner
Jeremy Szafron, Anchor at Kitco News, interviewed Gary Wagner, Editor of thegoldforecast.com, as gold reached all-time highs near $2,600. Wagner provided in-depth technical analysis, highlighting how gold’s bullish momentum was confirmed by its positioning above key moving averages—50-day, 100-day, and 200-day—signaling potential for further gains. The interview covered the Federal Reserve's rate cut decision, which could drive gold even higher, with Wagner projecting gold could reach $2,625 to $2,650. Wagner also discussed key support and resistance levels, along with silver's underperformance compared to gold.
Guests: Gary Wagner
Source: Kitco News
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