The gold and silver markets are hitting a major pivot point as extreme geopolitical volatility clashes with a wave of aggressive technical selling. After gold touched a peak of $5,434 following the escalation of conflict in the Middle East, the metal has retreated significantly, testing critical support levels amid massive daily price swings of up to $200.
In this episode of Chart This recorded March 9 2026, Gary Wagner, Editor of The Gold Forecast, explains why he is strictly ignoring the “unsustainable” daily wicks and instead focusing on the “real bodies” of the candlesticks to find the true market floor. We also dive into the 38% surge in oil prices this week—which Gary identifies as the primary “leading indicator” for all asset classes—and the “highly exaggerated” 4% jump in the U.S. Dollar Index (DXY) that is acting as a massive anchor on the metals complex.
From the possibility of an “A-B-C correction” to silver’s surprising internal strength, this interview provides the roadmap needed to navigate these unique and volatile times.
CHAPTERS
0:00 – Introduction: Gold’s Major Pivot Point
1:45 – Trump’s Iran Comments and Market Stability
2:45 – Technical Selling vs. Flight to the Dollar
4:30 – Why Gary Ignores the “Wicks”: Finding the Real Floor
6:15 – The Strait of Hormuz and the $150 Oil Threat
8:00 – Silver Analysis: Fibonacci Retracements and Internal Strength
10:15 – The DXY “Anchor”: A 4% Jump in the Dollar Index
12:30 – The A-B-C Correction: One More Move Lower?
15:30 – Why Oil is the “Leading Indicator” for All Asset Classes
17:30 – Strategy for Unique Times: Physical Gold and Non-Leveraged Plays
#Gold #Silver #GaryWagner #KitcoNews #MarketAnalysis #Investing #OilPrices #TechnicalAnalysis #GoldPriceToday
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41 Comments
I suppose we broke 5100, shortly after 4850 and we have seen 4350. Right now at 4430. In 2 weeks from this video. We can talk all we want. Good luck everyone
The dollar is DEAD. Kind of like when you cut off a chickens heads. Sure it runs around for a bit, it’s definitely not alive. Unless you don’t understand what it means for the chicken. 😙🤔
That did not age well.
@MRWAGNER Gold is crashing. could you do another analysis and help out!!!!!!!!!!!!!
I just paid 25% fee to sell so spot is highly misleading as value. Just because they charge you fees on one estimation, doesn't mean they will give you that much for it. UPMA from now on.
It all depends on the macro geopolitical activity.😅😂😂. And then is the stutter that sounds s little like Joe Biden.
US retail is still selling metals.. China and US banks are still buying. The dollar is getting stronger for now Oil is higher. All if this shit has an effect against short term movements.
Look at everything . Talk clearly. Take a position. Or not.
My biggest worry is that if our government figures out a way to tax their own inflation then we better put on our wide brim hats and drive tractors around. Diesel fuel will last for years John Deere and Oliver have been making Diesels sinee 1952. I gave an Oliver Super88 Diesel. No ID No License required. Old enough to not care anymore how much longer I have on this veil of tears.
👍
These sites beat around the bush far to much. Last time gold crashed
There was an urgent message from.the guy who put warren buffet stuff together
Warning s u have 2 days
U have 1 day to sell get out
Short sweet
Nice information Sir Gary
Thanks a mill🙏🏻
Gold going up in a couple months silver in about 4 to 6 months.
gm charles, are you referring to single prints around 6770? we also have a naked POC from Monday
gm all
I don’t care whether the futures price goes up or down. COMEX should prepare the physical metal. The industry needs the physical supply now.
Please pronounce 'Iran' correctly otherwise you will have people getting even more annoyed with the American accent!
… doesn't matter, the Crimax will push it down again . Manipulation at it's best.
The expert hasn't given a clear answer to a ln investor especially a new one.
Rubbish
The big players are pulling all the strings. Sure silver is on its way to a record high, but everyone is scared to buy.
This won't age well
Gary is always on point 💯 ❤
gold still looks pretty strong if you were buying during the pandemic 😷🪙
500.00 silver coming next year.
I’ve found that the best way bro buy gold is buy silver and wait until silver goes on of the metals crazy runs and then trade silver for gold. This can be an infinite money glitch and is by far the cheapest way to accumulate more metal
Gas is the primary expense for my business.
Excellent guest and interview. AND…still liking the change in music.
I don't understand why you would interview this guy
I'm shocked anyone still believes the Trump tweets.
Did charts indicate the collapse at the end of January – it's a rigged game.
IRAN WILL DICTATE THE TERMS OF ENDING THE WAR, THE FIRST HIDDISHA PRESIDENT WILL LISTEN & COMPLY IF NOT ISRAEL WILL BE GAZAD…
Got no time for tea leaf reading.
Gary’s same bla bla bla
With all due respect the rule is simple when you have chaos in the world especially war and pandemic gold and others like stocks go up. This time you have wars with Iran-US/Israel and Pakistan-Afghanistan and Russia – Ukraine and yet gold is not moving as fast-why? Someone is pulling the plugs. Someone doesnt want gold to go up.
No mention of Jane street manipulation
Gold silver markets are rigged! Prices manuplated…. Organized shorting daily!
this wars not over not yet wake up from a us veteran
Nice pad!
Things will not pivot back to anything. Major oil supply infrastructure has been destroyed
Cute that silver is almost 90 again. I'll wait for the bankers to smack it back to the 70s before I buy more.
the war in Iran nearly complete 😂😂 when the US runs out of ammo
boring.
Hey Jeremy, you look very professional with those glasses. Really cool look.