200‑Day Moving Average as Key Floor

With gold pulling back to test its 200-day moving average and silver flashing oversold momentum, technicians are mapping the structural damage to the precious metals complex. Gary Wagner, editor of The Gold Forecast, joins Kitco News to break down the final C-wave correction in gold and the 78% Fibonacci retracement level holding silver.

Wagner outlines how the ongoing macro shocks—including Brent crude surging past $108 a barrel and Turkey's central bank liquidating 60 tons of gold for liquidity —are fundamentally driving the charts. He also details what needs to happen geopolitically for gold and silver to decouple from rising bond yields and catch a safety bid.

Recorded March 26 2026

Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW)
Follow Gary Wagner on X: @goldforecast (https://x.com/goldforecast)

Chapters:
01:24 ABC Correction Breakdown
02:53 Key Support Levels
04:43 Oil and Fed Pressure
07:20 Crude Chart Resistance
09:40 Silver Technical Damage
11:46 Central Banks as Liquidity
13:18 What to Watch Next
17:10 Wrap Up and Viewer Call

#Gold #Silver #GaryWagner #KitcoNews #GoldPrice #Commodities #TechnicalAnalysis #Investing #Finance #MacroEconomics #Inflation #CrudeOil #FederalReserve #Trading #Charts

__________________________________________________________________

Like, share, and subscribe to Kitco News—and turn on alerts to stay current with expert interviews, market insights, and breaking news coverage. 

FOLLOW US:  
X: https://x.com/kitconewsnow  
Instagram: https://www.instagram.com/kitconews  
Facebook: https://www.facebook.com/KitcoNews  
LinkedIn: https://www.linkedin.com/company/kitconews

Listen to the PODCAST on
🎧 Spotify: https://open.spotify.com/show/1My4WgtF0ZhUnxkxDLoJof
🎧 Apple Podcasts: https://podcasts.apple.com/us/podcast/kitco-news/id1842889233
🎧 All podcast episodes available here → https://kitconews.buzzsprout.com

Visit: https://Kitco.com/ for live gold, silver, and crypto prices, the latest mining news, and macroeconomic insights.  

Live gold price and chart: https://www.kitco.com/charts/gold
Live silver price and chart: https://www.kitco.com/charts/silver
Live crypto market data: https://www.kitco.com/price/crypto

Learn more about Kitco News: https://www.kitco.com/news/about/ 

For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: https://www.kitco.com/advertising  

Disclaimer:  
The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.

Disclaimer:  
The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.