Technical Forecast: Bitcoin's Potential Rally and S&P 500's Hangman Signal

Recorded on Feb 21, 2024, Jeremy Szafron, Anchor at Kitco News, interviews Gary Wagner, Editor of thegoldforecast.com. Wagner dissects the S&P 500's surge past 5000, highlighting the technical signs pointing to potential market adjustments. He then talks about cryptocurrency volatility, specifically Bitcoin and Ethereum, offering predictions based on technical analysis and patterns.

 Wagner also evaluates gold's position as a stable investment in the current economic climate, analyzing indicators for future price movements. 

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00:00 - Introduction & The Magnificent Seven 

00:55 - S&P 500: Record Highs and Technical Analysis 

02:20 - Candlestick Patterns and Market Corrections 

04:15 - Fibonacci Retracements and S&P 500's Future 

06:11 - Impact of Tech Giants on Market Volatility 

09:01 - Bitcoin and Ethereum: Technical Trends 

13:18 - Ethereum's Market Position and Predictions 

16:13 - Gold's Response to Economic Indicators 

21:19 - Market Reactions to Federal Reserve Announcements 

Enjoy the interview,