Market melt-up on Fed’s surprise announcement, this is their next move – Gary Wagner

Kitco News, Released on 11/30/22

Gary Wagner, Editor of TheGoldForecast.com, discusses Fed Chair Jerome Powell’s statements on Wednesday, as well as the outlook for gold and the economy with David Lin, Anchor for Kitco News.

0:00 – Powell’s dovish statements
2:57 – Fed pivot
5:19 – Market reaction
7:40 – Jobs market
13:50 – Stock market momentum
16:00 – Gold

Gary Wagner has been a technical market analyst for 25 years. A frequent contributor to STOCKS & COMMODITIES Magazine, he has also written for Futures Magazine as well as Barrons. He is the executive producer of “The Gold Forecast,” a daily video newsletter. He has been a speaker for financial seminars including Futures West and the Dow Jones Financial Symposium which travels throughout the world.. Coauthor of “Trading Applications Of Japanese Candlestick Charting” a John Wiley publication.

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