Finding Gold’s Bottom, ‘Big Fireworks’ Come Friday: Chart This!

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Kitco News speaks with Gary Wagner to see what happened with gold as it hit a 6-week low last week. “Although we’re seeing lower pricing in gold, it’s still up 50% from where the rally began in the beginning of January,” Wagner says. “On Friday, the market closed roughly in the area of $1,293 – that could be a potential bottom and an end to this corrective wave.” Wagner also touches upon the much anticipated jobs numbers report, coming our Friday, and how he thinks it may affect the gold market. “Now, I can’t address what those [jobs] numbers might be but I can tell you we could be in for some big fireworks come Friday.” Tune in now to hear if Wagner is ready to call a bottom for gold. Kitco News, March 31, 2014.

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