Kitco NEWS | Gold Set for a Breakout on the Charts: June Jobs Report Could Be the Catalyst - Gary Wagner @kitco | Uploaded July 2024 | Updated October 2024, 20 hours ago.
Jeremy Szafron, Anchor at Kitco News, interviews technical analysis expert Gary Wagner about the current dynamics of the gold and silver markets. They discuss the impact of recent comments by Federal Reserve Chair Jerome Powell, the anticipated June jobs report, and crucial technical patterns. Wagner explains how key levels and patterns in gold, like the descending top and support at $2,300, could signal major moves, potentially pushing prices to $2,500. For silver, he highlights the significance of breaking above $32 and the potential for a surge up to $40.
Kitco News will be on location at the Rule Symposium in Boca Raton, Florida!
Sign up for the event:
(kitco.com/rulesymposium)
📅 Dates: July 7th to 11th
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
01:28 - Impact of Fed Comments on Gold
03:25 - Analysis of the Upcoming Jobs Report
04:51 - Technical Patterns in Gold
06:47 - Key Support and Resistance Levels for Gold
09:28 - Potential Scenarios for Gold Movement
10:23 - Transition to Silver Analysis
10:53 - Silver’s Market Behavior and Historical Context
12:21 - Key Technical Indicators for Silver
14:17 - Future Predictions for Silver
#Gold #Silver #MarketAnalysis #FedComments #TechnicalAnalysis #Investment #PreciousMetals #GoldForecast #SilverForecast #EconomicNews #JobsReport #FinancialNews #KitcoNews #GaryWagner #JeremySzafron #GoldBreakout #SilverBreakout #MarketTrends #EconomicOutlook #Investing
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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.
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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 technical analysis expert Gary Wagner about the current dynamics of the gold and silver markets. They discuss the impact of recent comments by Federal Reserve Chair Jerome Powell, the anticipated June jobs report, and crucial technical patterns. Wagner explains how key levels and patterns in gold, like the descending top and support at $2,300, could signal major moves, potentially pushing prices to $2,500. For silver, he highlights the significance of breaking above $32 and the potential for a surge up to $40.
Kitco News will be on location at the Rule Symposium in Boca Raton, Florida!
Sign up for the event:
(kitco.com/rulesymposium)
📅 Dates: July 7th to 11th
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
01:28 - Impact of Fed Comments on Gold
03:25 - Analysis of the Upcoming Jobs Report
04:51 - Technical Patterns in Gold
06:47 - Key Support and Resistance Levels for Gold
09:28 - Potential Scenarios for Gold Movement
10:23 - Transition to Silver Analysis
10:53 - Silver’s Market Behavior and Historical Context
12:21 - Key Technical Indicators for Silver
14:17 - Future Predictions for Silver
#Gold #Silver #MarketAnalysis #FedComments #TechnicalAnalysis #Investment #PreciousMetals #GoldForecast #SilverForecast #EconomicNews #JobsReport #FinancialNews #KitcoNews #GaryWagner #JeremySzafron #GoldBreakout #SilverBreakout #MarketTrends #EconomicOutlook #Investing
__________________________________________________________________
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.
