| The Gold Forecast

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January 5, 2014 - 9:04pm

The gold forecaster Gary Wagner is on Kitco News to talk about gold's 4-week high and whether the $1,300 breakout signals a rally on this edition of "Chart This!" Wagner says the "market is having a series of higher lows" and this may be a good signal for the bulls. "Gold has fallen out of favor in regards to being a safe-haven asset and so it doesn't seem to react as much to world turmoil as we have seen in the past," he added. Wagner also discusses Bernanke and whether or not the Fed will taper. He ends by looking at the defined range gold is trading in and looks at it in terms of Fibonacci levels. Kitco news, July 22, 2013 Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: http://kitcomm....

January 6, 2014 - 5:49pm

Kitco News welcomes back Gary Wagner on part 2 of last week's "Chart this! Long-term gold prices." Wagner tries to answer the question of whether gold is simply facing a correction or actually shifting towards bearish territory. Technically, Wagner explains how traders can use double bottoms to determine a trading entry point as well as a price point to determine whether trades are incorrect. According to Wagner, double bottoms provide a good amount of technical information that investors can use in day-to-day trades. Kitco News, June 7, 2013.
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: http://kitcomm.com -- Or join the conversation on social media: @KitcoNewsNOW on Twitter...

January 6, 2014 - 5:50pm

Kitco News looks at long-term gold prices with Gary Wagner on this edition of "Chart this!" Wagner discusses gold's significant decline in the last couple of months and the enormous downside pressure it is trying to overcome. According to Wagner, the two major components pushing down gold are higher equity returns and the strengthening US dollar. He also says that strong liquidity from ETFs are to blame for people moving out of safe haven investments such as gold. Wagner ends the segment with his detailed analysis of the April price correction. Kitco News, June 3, 2013.
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: http://kitcomm.com -- Or join the conversation on social media...

January 5, 2014 - 8:51pm

Gary Wagner is back with another technical trading perspective, and just in time to discuss softening gold prices at a time when the market seems sensitive and erratic. On this edition of "Chart This!" we discuss Wagner's take on the precious metals markets, before moving on to another highly educational technical tutorial from Wagner and TheGoldForecast.com! Kitco News, April 5, 2013

January 6, 2014 - 6:00pm

Has gold's bull market come to an end? We examine gold from a historical, technical perspective in an attempt to answer that question on "Chart This!" w/ Gary Wagner of TheGoldForecast.com. In case you're not familiar with our "Chart This!" series, each episode offers a technical trading and charting tutorial, covering everything from fibonacci retracement to Elliot-Wave. Kitco News, March 19, 2013.

January 6, 2014 - 5:55pm

May fibonacci retracement guide gold investors everywhere! It's another edition of "Chart This!" as Gary Wagner of TheGoldForecast.com gives us his take on the gold market and provides us with another insightful lesson on technical charting and gold price analysis. February 5, 2013.

January 5, 2014 - 8:56pm

Following news that the Fed may end quantitative easing and a tepid jobs report, gold prices hit critical fibonacci retracement levels. From a technical perspective, these levels are worrisome as they could indicate lower prices and prove difficult to bounce back from; gold prices did recover, however, and luckily for us Gary Wagner of TheGoldForecast.com is here with another edition of "Chart This!" and a technical chart tutorial that covers these critical fibonacci retracement levels and gold's bounce back. Before the tutorial begins, Wagner provides us his thoughts on some current market events. Will 2013 be the year of inflation? According to Wagner, the Feds have talked about keeping interest rates low, but inflationary indicators such as grains, milk products, meats and oil are...

January 6, 2014 - 5:59pm
January 6, 2014 - 6:03pm

--- Agree? Disagree? Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: http://kitcomm.com -- Or join the conversation on social media: @KitcoNewsNOW on Twitter:http://twitter.com/kitconews --- Kitco News on Facebook: http://facebook.com/kitconews

January 6, 2014 - 5:56pm

We're talking confluence, elliott wave/cup-handle charts, Obama-Bounce, and Diwali in today's "Chart This!" w/ Gary Wagner of TheGoldForecast.com. Before Wagner provides an in-depth tutorial on confluence, cup & handle chart patterns, and the elliott wave principle, we discuss the current corrections seen in the post-U.S. election markets, termed the "Obama Bounce", and where Wagner sees gold prices heading from here. Wagner, a self-admitted, staunch elliott wave technician, says what we are currently seeing is known as a "Wave 2 Correction"; but following this will be what's known as a "counter wave" or "B Wave" which should take gold prices higher, possibly as high as $1760/oz. In response to some analysts who have claimed that this is the beginning of a bear run in gold and that...