Video News/Chart This with Gary Wagner

Gary Wagner, Editor of TheGoldForecast.com, says gold’s test of the $4,000 level may have marked a technical bottom after a sharp selloff. Speaking with Kitco News Senior Anchor Jeremy Szafron, Wagner said there is a “60% to 70% probability” that gold has established a firm floor, though a return to record highs would be a “hard climb back up.” Wagner outlined the resistance levels gold must reclaim to restore its broader bullish structure and warned that a break below $4,000 would leave little technical support beneath the market. He also highlighted silver’s relative strength after it reclaimed its 200-day moving average and discussed how liquidity shifts, geopolitical headlines, and the CME’s move toward 24/7 retail gold trading could affect technical patterns.