Kitco NEWS | Gold Price Correcting: Here are the Key Technical Signals to Watch - Gary Wagner @kitco | Uploaded July 2024 | Updated October 2024, 10 hours ago.
Jeremy Szafron, Anchor at Kitco News, interviews Gary Wagner, technical analyst, to discuss the recent correction in gold prices. In this detailed analysis, Wagner explains the current consolidation phase in gold and provides insights into key technical indicators, including Fibonacci retracements and head-and-shoulders patterns. Wagner discusses whether this correction is shallow or deep, and what support levels to watch for in the coming months. He also shares his long-term price predictions and how recent market movements and fundamental factors influence gold's trajectory.
Follow Jeremy Szafron on X: @JeremySzafron (twitter.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (twitter.com/kitconewsnow)
Follow Gary Wagner on X: @garyswagner (twitter.com/garyswagner)
00:00 - Gold Market Update
01:05 - Analyzing the Sell-Off
03:00 - Head and Shoulders Pattern Explanation
05:15 - Key Support Levels for Gold Prices
07:30 - Fibonacci Retracements and Their Importance
09:45 - Influence of Federal Reserve Rate Cuts
12:00 - Geopolitical Tensions and Gold Prices
14:15 - Resistance Levels to Watch
16:00 - Conclusion:
#Gold #GoldPrices #GoldMarket #GoldCorrection #TechnicalAnalysis #GaryWagner #KitcoNews #GoldInvesting #FibonacciRetracement #HeadAndShouldersPattern #GoldSupportLevels #FederalReserve #GeopoliticalTensions #ElliottWave #GoldForecast #MarketAnalysis #Investment #Trading #GoldChart #FinancialNews #MarketUpdate #GoldFuture #GoldPricePrediction #GoldTechnicalAnalysis #InvestmentStrategy #MarketTrends #GoldResistanceLevels #Inflation #Economy #PreciousMetals #Bullion
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Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.
Jeremy Szafron, Anchor at Kitco News, interviews Gary Wagner, technical analyst, to discuss the recent correction in gold prices. In this detailed analysis, Wagner explains the current consolidation phase in gold and provides insights into key technical indicators, including Fibonacci retracements and head-and-shoulders patterns. Wagner discusses whether this correction is shallow or deep, and what support levels to watch for in the coming months. He also shares his long-term price predictions and how recent market movements and fundamental factors influence gold's trajectory.
Follow Jeremy Szafron on X: @JeremySzafron (twitter.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (twitter.com/kitconewsnow)
Follow Gary Wagner on X: @garyswagner (twitter.com/garyswagner)
00:00 - Gold Market Update
01:05 - Analyzing the Sell-Off
03:00 - Head and Shoulders Pattern Explanation
05:15 - Key Support Levels for Gold Prices
07:30 - Fibonacci Retracements and Their Importance
09:45 - Influence of Federal Reserve Rate Cuts
12:00 - Geopolitical Tensions and Gold Prices
14:15 - Resistance Levels to Watch
16:00 - Conclusion:
#Gold #GoldPrices #GoldMarket #GoldCorrection #TechnicalAnalysis #GaryWagner #KitcoNews #GoldInvesting #FibonacciRetracement #HeadAndShouldersPattern #GoldSupportLevels #FederalReserve #GeopoliticalTensions #ElliottWave #GoldForecast #MarketAnalysis #Investment #Trading #GoldChart #FinancialNews #MarketUpdate #GoldFuture #GoldPricePrediction #GoldTechnicalAnalysis #InvestmentStrategy #MarketTrends #GoldResistanceLevels #Inflation #Economy #PreciousMetals #Bullion
__________________________________________________________________
Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news.
SUBSCRIBE to our channel to stay up to date on the latest market and industry news.
For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets - visit us at kitco.com
To get market updates on the go, download the Kitco Gold Live! APP - applications.kitco.com
Stay connected:
Twitter - twitter.com/kitconewsnow
Instagram - instagram.com/kitconews
Facebook - facebook.com/KitcoNews
LinkedIn - linkedin.com/company/kitconews
StockTwits - stocktwits.com/kitconews
Live gold price and chart: kitco.com/gold-price-today-usa
Live silver price and chart: kitco.com/Silver-price-today-USA
Live crypto market data: kitco.com/price/crypto
Learn more about Kitco News: kitco.com/news/about
For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: kitco.com/advertising
Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.
