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'I’ve Never Seen This in Gold Before': Gary Wagner Explains What’s Behind the Move and What’s Next
Gold just posted its strongest weekly gain in five years, briefly blasting past $3,240 an ounce, and veteran technical analyst Gary Wagner says he’s never seen anything like it. With volatility gripping stocks, currencies, and bonds, gold is forming what Wagner calls a powerful new base—and the next leg higher could already be in motion.
In this interview with Kitco News Anchor Jeremy Szafron, Wagner, Editor of TheGoldForecast.com, explains why this rally breaks the mold, how technical charts confirm a bullish continuation, and what active traders need to know now. He also details the rare dislocation between the U.S. dollar and Treasury yields, outlines Fibonacci targets, and shares his strategic outlook for gold's next major move.
If you're watching gold, don’t miss this expert breakdown of the market’s most explosive setup in years.
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
01:34 Technical Analysis on Gold's Performance
01:51 Hank and Ashi Chart Analysis
03:49 Continued Market Analysis and Predictions
04:40 Implications and Future Projections
13:08 The Role of the Dollar
15:07 Closing Thoughts and Advice for Traders
17:34 Conclusion
#GoldBreakout #GaryWagner #GoldTechnicalAnalysis #KitcoNews #GoldForecast #SafeHavenAssets #GoldPriceTarget #GoldBullMarket #MacroAnalysis #FibonacciLevels #GoldVsDollar #PreciousMetals #JeremySzafron #GoldResistance #GoldSupport #MarketVolatility
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Disclaimer:
The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.
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