Kitco News, Released on 7/31/24

Jeremy Szafron, Anchor at Kitco News, interviews Gary Wagner, Editor at TheGoldForecast.com, to explore the latest movements in gold and silver markets. Wagner discusses his prediction of a ‘third wave’ bull run in gold, providing in-depth analysis of Elliott Wave patterns and their implications for future price movements. He explains how breakout patterns and FOMC meeting outcomes are influencing the market, and shares actionable trading strategies for investors. Wagner also delves into the potential impact of the Federal Reserve’s rate cut signals and offers a detailed outlook on gold prices for the end of the year.

00:00 – Introduction
00:28 – Third Wave in Gold’s Bull Run
01:24 – Fed Rate Cut Signals and Impact on Gold
02:21 – Explaining Elliott Wave Theory
03:18 – Breakout Patterns and Energy Release
06:41 – Long-Term Rate Cuts and Economic Impact
08:10 – Current Trading Strategies and Models
11:55 – Positioning for Fed Decisions
13:57 – Reading Between the Lines of Fed Speak
20:42 – Conclusion and Future Outlook

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.

  gary wagner, gold, investing