Video News/Market Analysis
Gary Wagner Reveals New Support Levels After Gold Drops Below $4,000
Gary Wagner, Editor of TheGoldForecast.com, says gold has become a “market under pressure” after breaking below $4,000 for the first time in months. Speaking with Kitco News anchor Jeremy Szafron, Wagner said the move has shifted the focus toward Federal Reserve policy, interest-rate expectations, and inflation rather than geopolitics. Wagner identified revised downside support near $3,900 and said a move back above $4,200 would be needed to return the chart to a more bullish setup. He also discussed silver’s sharper decline, whether rate-hike expectations are weighing on metals, and whether the broader gold bull market is rolling over or undergoing a correction.
Guests: Gary Wagner
Source: Kitco News
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