Sustained Gold Rally Forthcoming? – Chart This! | Kitco News

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Kitco News ends the week with Gary Wagner, focusing on gold’s volatility Thursday and how he sees the yellow metal set up for the heavy economic data week coming up. Wagner says that because the gold market really moved up from its lows, he believes that there’s a possibility a sustained rally is beginning. “I believe that it is very likely that we could in fact see [the gold market] break out, and I would look for it to possibly break out to the upside.” Looking ahead, Wagner says he will be watching next week’s U.S. GDP and employment numbers closely. “But what I really think has been moving this market more than anything else is the current crisis in the Ukraine,” he adds. Tune in now to get his in-depth analysis on gold and learn more about finding key pivot points in the market. Kitco News, April 25, 2014.

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