Ignore Pullback, Gold Can Still Hit $1,445

Despite gold’s pullback, settling the day at $1,335.30 an ounce, veteran technical analyst Gary Wagner say he remains bullish. So much so, gold may rally to $1,445 over the next three months, he told Kitco News Tuesday after the close. Gold prices are struggling amid rallying equities and crude oil prices. Is oil stealing gold’s thunder? “We’ve seen fireworks in gold,” he said. “My sense with oil is that we could see sparks but we are not going to get the kind of fireworks we’ve been getting with gold and silver.”