Published on Oct 31, 2014
Gold hit a four-year low this morning, reaching levels not seen since July 2010. Kitco News speaks with Gary Wagner to find out what clues the charts are giving him about gold’s next move. Gary offers an in-depth look into the market as gold breached the key support level of $1,180 that Gary has been pointing out for the past month. Is Roubini’s call for $1,000 gold right? Tune in now to the latest edition of “Chart This” to find out. Kitco News, October 31, 2014.
TGF! “Chart This” is back and Gary Wagner shares his insights on the gold market for the week. As we near the tail end of the year, we ask Gary what is the key level he is eyeing. “The question that I’m looking at is whether or not we can hold $1,200,” he says. Gary also says that the gold market may have more than one enemy: the U.S. dollar and equities. Tune in now to find out what new levels he’s looking at for gold and to get his latest technical levels on silver. Kitco News, October 24, 2014.
Kitco News wraps its 5-year celebrations with Gary Wagner to see what he thinks of all the market volatility that took place this past week. Gold hit a 5-week high on Wednesday as panic stirred in the marketplace. “I tend to look at these most recent climbs more on a technical basis,” Gary says. “And on a technical basis…there could be possibly some more moves to the upside.” He adds that he will be looking at whether or not gold’s move up was simply a bounce or if the metal has really found its bottom. Tune in now to find out what the charts are telling him about the gold market for the coming week. Kitco News, October 17, 2014.
Gary Wagner shares his thoughts on gold’s recent price action on this edition of “Chart This!” Wagner says he sees the $1,200 level now becoming support for the gold market if a little rally comes into play. “We saw a real hefty bounce today,” he says. “The $1,180 [level] still holds [as well].” Looking over at silver, Wagner says he sees a ‘disconnect’ in the market because the economy seems to be picking up and yet the industrial metals are struggling to hold gains. “I really see a basic disconnect between the industrial precious metals and what we’ve seen in the equities markets.” Tune in now to see what levels he is looking at for gold this week. Kitco News, October 6, 2014.
Gold took it on the chin this week as Gary Wagner joins Kitco News for this week’s edition of “Chart This!” With key technical support levels being breached, Wagner thinks there could be more downside pressure for gold on the horizon. “We saw key support levels being broken – first at $1,280, then again at $1,261 and now we’re down around $1,240, which is another number that we’re looking at,” he says. “That is equivalent to a double low that we had on our last rally.” Gary also notes that this round of selling in gold has been heavily technically based. Gary also says that it’s pretty clear there’s some intrinsic strength coming out of the U.S. economy and says there’s an inverse relationship between the U.S. economy and the European economy. “So as the European economy has weak...
Gold seems to be bouncing, off of Thursday’s lows and Kitco News speaks with Gary Wagner to find out what the charts are telling him this week. “I am genuinely concerned,” he says. The next level he is closely looking at is $1,265 and warns that if that level does not hold, longer-term technical damage may be in the cards for gold. Wagner also comments on other precious metals that he says have had a ‘life of their own’ in recent trading sessions: silver and palladium. “With the equities markets moving to new highs I’m actually surprised we’re not seeing more support come into the silver market.” Tune in now to hear his in-depth analysis of the gold market.
The Gold Forecast's Gary Wagner delivers another highly informative "how to" & breakdown of his gold price forecast & technical charts. Using fibonacci retracement & Elliott Wave analysis, Wagner recaps his previous calls and takes us through his most recent gold forecast on this edition of Chart This! w/ Daniela Cambone of Kitco News & Gary Wagner of The Gold Forecast. August 15, 2014.