Kitco NEWS | Gold Remains Bullish After Expected Short-Term Correction: Watch This in the Charts - Gary Wagner @kitco | Uploaded September 2024 | Updated October 2024, 5 hours ago.
Jeremy Szafron, Anchor at Kitco News, interviews Gary Wagner about the current gold market. Wagner discusses how gold remains bullish even after an expected short-term correction, with prices currently positioned above critical support levels. He highlights the importance of technical indicators, pointing out that key support at $2,610 could provide an ideal entry point for traders. Wagner also addresses the possibility of a price dip to $2,590 before a subsequent upward movement, offering insights into the factors driving gold’s price dynamics. He emphasizes that traders should remain attentive to economic conditions, especially in light of potential Federal Reserve rate cuts, which could significantly influence the market.
Follow Jeremy Szafron on X: @JeremySzafron (twitter.com/JeremySzafron)
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Follow Gary Wagner on X: @garyswagner (twitter.com/garyswagner)
00:00 Introduction
02:15 Gold Price Movements and Predictions
05:00 Technical Analysis and Chart Insights
08:45 Profit-Taking and Market Corrections
12:30 Elliott Wave Analysis
15:00 Impact of Dollar Strength on Gold
17:00 Federal Reserve Rate Cuts and Market Impact
18:20 Conclusion
#GoldMarket #Investing #GoldPrices #TechnicalAnalysis #MarketTrends #ElliottWave #EconomicInsights #FederalReserve #GoldInvesting #MarketCorrection #SafeHavenAssets #CommodityTrading #FinancialNews #MarketAnalysis #GoldForecast
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Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news.
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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 about the current gold market. Wagner discusses how gold remains bullish even after an expected short-term correction, with prices currently positioned above critical support levels. He highlights the importance of technical indicators, pointing out that key support at $2,610 could provide an ideal entry point for traders. Wagner also addresses the possibility of a price dip to $2,590 before a subsequent upward movement, offering insights into the factors driving gold’s price dynamics. He emphasizes that traders should remain attentive to economic conditions, especially in light of potential Federal Reserve rate cuts, which could significantly influence the market.
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 Introduction
02:15 Gold Price Movements and Predictions
05:00 Technical Analysis and Chart Insights
08:45 Profit-Taking and Market Corrections
12:30 Elliott Wave Analysis
15:00 Impact of Dollar Strength on Gold
17:00 Federal Reserve Rate Cuts and Market Impact
18:20 Conclusion
#GoldMarket #Investing #GoldPrices #TechnicalAnalysis #MarketTrends #ElliottWave #EconomicInsights #FederalReserve #GoldInvesting #MarketCorrection #SafeHavenAssets #CommodityTrading #FinancialNews #MarketAnalysis #GoldForecast
__________________________________________________________________
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.
