Gold Approaches Crucial Fibonacci Milestone: Gary Wagner Eyes Upward Potential
May 7, 2024 #PreciousMetals #goldprices #InvestmentStrategy
Jeremy Szafron, Anchor at Kitco News, interviews Gary Wagner, Kitco's resident technical analysis expert, in this episode of 'Chart This with Gary Wagner.' They begin with the current trends and future outlooks for precious metals and cryptocurrencies. Wagner provides insights into the technical indicators shaping the markets for gold, silver, and Bitcoin, and discusses how geopolitical tensions and economic uncertainties are influencing investor behavior.
00:00 - Introduction
01:19 - Discussion on Gold's Current Market Position
03:42 - Technical Analysis of Gold's Price Movements
06:09 - Impact of Geopolitical Tensions on Gold
07:35 - Transition to Silver Market Analysis 11:19 - Economic Factors Influencing Silver Prices
16:29 - Examination of the U.S. Dollar's Influence
18:51 - Insights into Bitcoin's Recent Market Corrections