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Gold Below $1,200/oz; What’s Next? – Gary Wagner | Kitco News


It’s Friday and that means Gary Wagner is on Kitco News to talk about what key levels he is looking at for the gold market. Alluding to the last “Chart This!” episode, Gary says he was looking for gold to breach $1,221 in order for him to become bullish on the market. “I said even in a bearish market we should see a bounce, and it wouldn’t surprise me to see the market to go to $1,221,” he says. However, Gary now says gold’s key resistance level now stands at the $1,200 mark. Gary also takes an in-depth look at the U.S. dollar as well as record hitting equities markets to see how they are affecting the gold market. Tune in now to see what support and resistance levels are catching Gary’s eye. Kitco News, April 24, 2015. Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: www.kitco.com/newsletter Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: http://kitcomm.com — Or join the conversation on social media: @KitcoNewsNOW on Twitter: http://twitter.com/kitconews — Kitco News on Facebook: http://facebook.com/kitconews — Kitco News on Google+: http://google.com/+kitco — Kitco News on StockTwits: http://stocktwits.com/kitconews

As well as the most accurate precious metal prices online, Kitco also provides up-to-the-minute news with usable market information. Videos provided by and © Kitco.

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