Click here to get this article in PDF
Gold's price pattern from January, 2019 to 2021 mirrors that of gold in the same two-year duration, starting from 2010; both time periods saw gold surge to a top in the 3rd quarter and both times saw costs go down from its high in practically identical size and also timing.
Gary Wagner, editor of TheGoldForecast.com, claimed that this resemblance ought to deviate and also in time, gold will climb up out of its existing consolidating range.
0:00 – Gold now vs 2011
6:08 – Gold's basics
9:02 – Fed conference today
9:49 – Gold's crucial levels
12:41 – Bitcoin
__________________________________________________________________
Kitco News is the globe's # 1 source of metals market details. Our video clips include meetings with noticeable sector numbers to bring you market-affecting insights, with the goal helpful people make educated investment decisions.
Subscribe to our channel to stay up to date on the most up to date insights moving the steels markets.
For more breaking information, check out
Follow us on social media sites:
Facebook –
Twitter –
StockTwits –
Live gold price and also charts:
Live silver price and graphes:
Do not fail to remember to sign up for Kitco News' Weekly Roundup– appears every Friday to recap the most popular stories & video clips of the week:
Sign up with the discussion @ The Kitco Forums and become part of the premier online neighborhood for rare-earth elements financiers:
Disclaimer: Videos are not trading suggestions and the views expressed might not reflect those of Kitco Metals Inc
.
Gold price closely mirrors 2011; is a crash coming with no recovery? Gary Wagner
Gold's price pattern from January, 2019 to 2021 mirrors that of gold in the same two-year period, starting from 2010; both time periods saw gold rise to a top in the third quarter and both times saw prices drop from its high in almost identical magnitude and timing.
Gary Wagner, editor of TheGoldForecast.com, said that this similarity should diverge and in time, gold will climb out of its current consolidating range.
0:00 - Gold now vs 2011
6:08 - Gold's fundamentals
9:02 - Fed meeting this week
9:49 - Gold's key levels
12:41 - Bitcoin
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter - https://twitter.com/kitconewsnow
StockTwits - https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
