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Gold Poised for Next Bullish Surge as Silver Reaches 12-Year High: Key Levels to Watch - Gary Wagner
Jeremy Szafron, Anchor at Kitco News, sits down with Gary Wagner, Editor of The Gold Forecast, to break down the bullish momentum in gold and silver markets. Wagner highlights gold’s surge past $2,700 and silver’s climb to 12-year highs, offering expert insights into key resistance and support levels driving these trends. He projects gold to target $2,865 and silver to approach $41, emphasizing the influence of geopolitical tensions, a resilient U.S. dollar, and Federal Reserve policy shifts. This detailed technical analysis reveals why precious metals remain a critical focus for investors navigating today’s volatile economic landscape.
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
00:27 - Gold Breaks $2,700
02:10 - Wagner on Geopolitical Tensions
03:50 - Gold’s Technical Uptrend
05:15 - Revised Gold Price Targets
06:40 - Silver Breaks 12-Year High
08:30 - Fed Rate Cuts and Impact on Gold
10:45 - Silver Target of $41
13:50 - U.S. Election and Precious Metals
15:30 - Closing Thoughts
#Gold #Silver #GoldPrice #SilverPrice #GoldMarket #SilverMarket #PreciousMetals #GoldForecast #SilverForecast #TechnicalAnalysis #ChartAnalysis #GoldTechnicalAnalysis #SilverTechnicalAnalysis #SupportAndResistance #MarketTrends #BullishTrend #Uptrend #GaryWagner #KitcoNews #GoldTo2800 #SilverTo40 #PriceTargets #USFederalReserve #InterestRates #GeopoliticalTensions #GlobalEconomy #FinancialMarkets #Investing #InvestmentStrategy #MarketUpdate
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