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Gold Still Bullish Despite Short-Term Dip, Key Chart Patterns to Monitor - Gary Wagner
Jeremy Szafron, Anchor at Kitco News, interviews Gary Wagner about the ongoing bullish outlook for gold despite a short-term correction. Wagner emphasizes the importance of technical indicators and critical support levels, with $2,610 being a key entry point for traders. He discusses the possibility of a temporary dip to $2,590 before resuming an upward trend. Wagner also highlights how economic factors, particularly potential Federal Reserve rate cuts, could significantly impact the gold market, offering insights into what traders should watch next.
Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow)
Follow Gary Wagner on X: @garyswagner (https://twitter.com/garyswagner)
00:00 Introduction
02:15 Gold Price Movements and Predictions
05:00 Technical Analysis and Chart Insights
08:45 Profit-Taking and Market Corrections
12:30 Elliott Wave Analysis
15:00 Impact of Dollar Strength on Gold
17:00 Federal Reserve Rate Cuts and Market Impact
18:20 Conclusion
#GoldMarket #Investing #GoldPrices #TechnicalAnalysis #MarketTrends #ElliottWave #EconomicInsights #FederalReserve #GoldInvesting #MarketCorrection #SafeHavenAssets #CommodityTrading #FinancialNews #MarketAnalysis #GoldForecast
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