Gary Wagner, editor of TheGoldForecast.com, said that gold may see some more pressure in the short-term, but will rebound to new highs towards the second quarter of 2021.
Wagner is also constructive on silver, seeing the gold-silver ratio dropping to 65, while being bearish on the U.S. dollar.
In this live interview, Wagner outlines his methodologies for forecasting prices, and discusses Japanese candlestick charts, the Fibonacci Sequence, and the Elliot Wave Theory.
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.