Gold’s Correction: This MUST Happen Before the Next Surge

Submitted by Gary S. Wagner on Thursday, February 19, 2026 - 16:56.

Gary Wagner explains why we’re in an ABC correction, why $4,600 could be key support, and why the long-term trend remains bullish. He breaks down moving averages, RSI momentum, and Fibonacci levels to show where gold may find its base before the next rally. On silver, he says volatility is normal, and a move back toward $100 is still realistic if key levels break.

00:00 Gold Explodes to $5,600

01:50 Where Are We in the Gold Cycle?

04:10 Gold’s $1,200 Rally in 29 Days

07:40 ABC Correction Explained

12:00 Is Gold Overbought or Oversold?

15:10 Key Support & Resistance Levels

20:45 What Could Trigger the Next Breakout?

24:00 Trump, Geopolitics & Gold

25:30 Silver’s 70% Surge – What Happened?

28:20 Silver Key Levels: $80, $87 & $100

34:00 Gold Price Target: $6,000?

36:30 Final Outlook