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Gold broke below key support as the June CPI report came in hotter than expected, sending the U.S. dollar surging and Treasury yields higher. Spot gold dropped $26 to around $3,330/oz, while silver pulled back to $38 after a 14-year high. With markets now betting the Fed will hold rates steady, is this just a technical pullback - or a trend reversal? Gary Wagner, editor of TheGoldForecast.com, joins Jeremy Szafron to break down the gold and silver charts, explain how inflation and tariffs are impacting metals, and reveal the technical levels he's watching next. Wagner says “99% of today’s gold move is due to dollar strength” and warns a break above the 50-day moving average in the dollar could trigger more downside for gold. Key Topics: -June CPI: 2.7% headline, 2.9% core -Gold’s drop to $3,330—technical damage or dip-buying zone? -Silver retreating from highs—healthy consolidation or reversal? -DXY rally and its impact on metals -Fed policy outlook post-CPI -Audience Q&A: gold-silver ratios, dollar levels, sovereign risk Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW) Follow Gary Wagner on X: @goldforecast (https://x.com/goldforecast) ‪@Thegoldforecast‬ 00:00 Introduction 01:07 Gold's Technical Analysis 08:10 Dollar's Impact on Gold 12:21 Silver Market Insights 15:02 Viewer Questions and Expert Advice 21:07 Conclusion