Kitco News, Released on 4/15/25

Gold just posted its strongest weekly performance in five years, blasting through $3,240 an ounce before pulling back – and veteran technical analyst Gary Wagner says this move is unlike anything he’s seen in decades. With volatility rising across stocks, currencies, and bonds, Wagner warns that gold is forming a powerful new base – and the next leg higher may already be underway. In this interview, Gary Wagner, Editor of TheGoldForecast.com, joins Jeremy Szafron, Anchor at Kitco News, to explain why this breakout is different, how the charts signal continuation, and where gold may be heading next. Wagner also dives into the unusual dislocation between the U.S. dollar and Treasury yields, outlines key Fibonacci targets, and gives tactical advice for active traders right now.

00:00 Introduction
01:34 Technical Analysis on Gold’s Performance
01:51 Hank and Ashi Chart Analysis
03:49 Continued Market Analysis and Predictions
04:40 Implications and Future Projections
13:08 The Role of the Dollar
15:07 Closing Thoughts and Advice for Traders
17:34 Conclusion

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