Gold Sees Knee-jerk Move; What Next? - Gary Wagner

By Kitco News / June 06, 2017 / www.kitco.com / Article Link

Jun 07, 2017 Guest(s): Gary Wagner

The gold market saw additional selling pressure in late-afternoon trading Wednesday, following the early release of former FBI director James Comey's testimony scheduled for Thursday. However, to technical analyst Gary Wagner, this knee-jerk reaction is a necessary correction in gold's overall rally. We might go into period of consolidation but overall I am bullish,' he told Kitco News. Gold challenged the $1,300 mark and I still think we can take that out this year.'

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