Gold’s New Base Forming a Launchpad for Next Surge as Rare Pattern Appears | Gary Wagner

3 months ago
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Gold has surged 33% since December, briefly topping $3,500 before pulling back toward $3,300—but according to veteran analyst Gary Wagner, this move is anything but typical. In this powerful Kitco News interview, Wagner, Editor of TheGoldForecast.com, joins Anchor Jeremy Szafron to break down what he calls a “more than significant” rally—one that defies historical patterns and signals a possible breakout just ahead.

Wagner explains why $3,300 is acting as a key support zone, how traders are repeatedly buying the dip, and what the technical indicators—like compressed candlesticks, strong absorption, and repeated lower wicks—are telling us. He also explores gold’s historic decoupling from Treasury yields and why dollar weakness alone doesn’t explain the surge. Is this a pause before gold’s next major move higher? Get the expert take here.

Key topics:

– Why Wagner says this gold rally is “more than significant”
– $3,300 support and what it tells us about trader conviction
– How this 33% move compares to recent rallies since 2023
– Why only 10% of the gain is explained by dollar weakness
– What the chart’s lower wicks reveal about buyer strength
– Why a correction hasn’t arrived despite parabolic price action
– How tariffs and weak GDP numbers are creating macro tailwinds
– Whether gold is still on track for $3,600 or even higher

Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow)
Follow Gary Wagner on X: @garyswagner (https://twitter.com/garyswagner)

00:00 Introduction
00:55 Gold's Recent Performance and Technical Analysis
01:33 Dollar's Impact on Gold Prices
05:26 Gold Market Trends and Projections
08:51 Consolidation and Support Levels
13:03 Future Predictions and Market Sentiment
22:15 Special Offer and Conclusion

#Gold #GaryWagner #KitcoNews #TechnicalAnalysis #DollarIndex #GoldPrice #Tariffs #Inflation #Fibonacci #Trading #Commodities #MarketUpdate #SafeHaven #Macro
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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.

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