As gold corrects from gains seen earlier in the week, technical analysts and star of Kitco News’ Chart This Gary Wager says he is enthused about the gold market. “I’m excited about what we’ll see over the next month or so,” he told Kitco News Thursday. As of 10:06 a.m. EDT, December gold was down $7 to $1,116.60 an ounce after it previously closed higher for five business days in a row.

Kitco News - As gold continues its weak trend and tests lows last seen in 2014, one market veteran says the yellow metal may be poised for further losses. 'The real issue has been a return in strength in the dollar,' Gary Wagner, editor of thegoldforecast.com, told Kitco News. He compared gold to a salmon swimming upstream, struggling to maintain gains as the dollar index pressures the metal.

Published on Jul 2, 2015 · Chart This is back and Gary Wagner joins Kitco News at the new studio to talk about gold and silver. Can the metals break their range? Wagner comments on gold’s reaction to Thursday’s weaker-than-expected nonfarm payrolls data and says the metal is acting ‘tepid at best’ right now. With the uncertainty in Europe and the weaker U.S.

As gold prices build on Wednesday’s sharp rise, Gary Wagner checks in on this edition of Chart This! to see if there’s any substance for a sustained gold price rally. Without question, Wagner believes that gold must close above $1,200 Friday for there to be any hope of a sustained rally. He adds that while gold price fluctuations are linked to U.S.

Since we last spoke with Gary Wagner, gold has fallen below key support levels he shared with our viewers. How does he see the market set up ahead of next week’s much anticipated Federal Open Market Committee meeting? “The real issue right now is taking a look at the fundamentals that have been in play in the market that have been moving the [gold] market lower,” he says.

Gold Forecast for 2015. Both Part I and Part II can be viewed from this page. 

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.

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.