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Critical Area For Gold At $1,198 - Gary Wagner
Kitco News catches up with Gary Wagner to see what the charts are telling him about gold this week! Wagner covers some bullish and bearish factors affecting the gold market right now and says that the “bear sentiment is outweighing the bullish sentiment” lately. “It’s been interesting because we have a push-pull scenario,” he adds. Although he sees the strong U.S. dollar hurting gold prices, he says the main negative driver for gold is the strong equity market. Looking to the charts, Gary highlights $1,198 as a critical level for gold and goes into more detail in his latest analysis on Chart This! Tune in now! Kitco News, February 20, 2015. (show less)
Kitco News catches up with Gary Wagner to see what the charts are telling him about gold this week! Wagner covers some bullish and bearish factors affecting the gold market right now and says that the “bear sentiment is outweighing the bullish sentiment” lately. “It’s been interesting because we have a push-pull scenario,” he adds. Although he sees the strong U.S. dollar hurting gold prices, he says the main negative driver for gold is the strong equity market. ... (read more)
Chart This!
A former city guy, Gary Wagner abandoned the briefcase & tie and joins us weekly from his home in Hawaii. Whether you are a newbie or veteran trader, Gary provides an educational segment for all levels of investors. Gary will teach you the ‘ins’ and ‘outs’ of mapping gold charts from using Japanese Heikin-Ashi charts to Elliott Wave analysis. Gary Wagner simplifies charting for investors every Friday on Chart This!Disclaimer: The content on this website, including, without limitation, news, videos, interviews and commentaries, is provided by Kitco Metals Inc. ("Kitco") for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an "as is" basis without any warranty of any kind, whether express or implied and your use of the information provided in said content is entirely at your own risk. In no event will Kitco be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this website.
