Kitco News, Released on 9/3/24
Jeremy Szafron, Anchor at Kitco News, interviews Gary Wagner, Editor @Thegoldforecast to discuss gold’s resilience as it holds above $2,500 despite market volatility. Wager speaks to the impact of recent dollar movements, the potential influence of upcoming Fed rate cuts, and what to expect from the gold market in the coming weeks. This detailed analysis comes at a critical time with September’s economic data likely to shape the markets.
00:05 – Introduction & Market Overview
01:26 – Gold’s Technical Analysis & Market Sentiment
06:41 – U.S. Dollar Analysis
08:41 – Impact of Fed Rate Cuts on Gold & the Dollar
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.