It has been a week of extreme volatility and conflicting signals for the precious metals market. After gold futures surged past $3,800 to a new all-time record and silver smashed through $45, a blockbuster U.S. GDP report sent the dollar soaring and knocked metals back from their highs.
In this environment of peak uncertainty, where the economic data is unreliable and even the Federal Reserve is openly disagreeing with itself, what do the charts say is next?
Jeremy Szafron is joined by one of the best technical analysts in the business, Gary Wagner of TheGoldForecast.com, for a deep dive into the technical picture. Wagner declares that the market’s strength is “exceedingly strong,” with dips being bought aggressively, and that the bullish case remains firmly intact. He gives his specific timeline for $4,000 gold, explains why silver’s breakout to $45 is the most significant in years, and reveals the one signal that would tell him the rally is finally over.
Recorded September 25th 2025
Key Forecasts from Gary Wagner:
-Gold Price Target: “We’ll definitely see $4,000 by the first or second quarter of next year… It’s not if, but when”.
-Silver Price Target: The all-time high around $50 is an “absolutely” realistic possibility this year.
-Market Strength: “What is the most impressive aspect… is rather than it correcting… we’re seeing sideways action or consolidation… that is a sign of strength”.
-On the “Overbought” RSI Signal: A market can stay overbought for a long period “especially if the fundamentals driving prices higher… are not diminishing”.
-The Invalidation Signal: The bullish trend is intact until we see “more than two days in a row of a correction”.
-The Fed’s Dilemma: The Fed is in a “quandary” and a “precarious place,” forced to battle a weak labor market and persistent inflation at the same time.
00:00 – Intro: Gold Hits Record $3,800 vs. a 3.8% U.S. GDP Report
01:00 – Kitco Poll: 73% of Viewers See Gold Above $4,000
01:50 – Reviewing Gary’s Last Forecast (Metals HIT, Dollar MISS)
02:15 – Gary Wagner’s U.S. Dollar Analysis: Resistance at 100
04:10 – Gold’s New All-Time High ($3,823): Why Consolidation is a Sign of Strength
06:15 – Has Volume Confirmed Gold’s Breakout?
07:28 – Gary Wagner’s Key Support Level for Gold ($3,700)
08:10 – The Fed’s “Quandary”: Fighting Inflation & a Weak Labor Market
12:20 – Gold’s RSI Most Overbought Since 1980: Bullish or Bearish?
15:25 – Gold Price Forecast: Gary Wagner’s Timeline for $4,000
16:00 – Silver Price Forecast: “A Solid Breakout Like We Haven’t Seen in Years” 17:10 – Is $50 Silver
#gold #silver #investing #federalreserve #goldprice #silverprice #economy
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26 Comments
An essential interview with Gary Wagner for anyone navigating this volatile market.
We asked him the tough questions everyone is thinking about:
-When exactly does he see gold hitting $4,000?
-Is $50 silver really a possibility this year?
-What is the ONE technical signal he's watching that would tell him the rally is over?
Watch the full interview for his detailed answers. After you watch, let us know in the replies: Are you buying, selling, or holding right now?
Way overbought!
If u had $850 in cash 1980 today u have $850 ,
If u bought Gold in 1980 u would have something worth $4300 long term hedge vs dollar
Atty general ?? You can impeachment her/him if the mandatory and liberty constitution they atacking and use it to bind or control or use a weapon to other. Bondi i am not agains to her but i saw here capacity in average is only 30% if the constitution matters she cant and for me shes weak and the use it us a weopon agains to the government enemy's 😂😂😂 no im wrong if your agains to ta racism and and arugant politicians. Let's the people they do their wanted to their government .
USA people is more educated and smart compared to the filipino
Dont listen to technicals youre going to get crushed
Always bring on Gary Wagner he is golden
is it good idea to buy gold today?
Precious metals are a long hold, not a day trading asset.
Bullshit 😂
Great technical analysis Gary
2 weeks later, he was right 😅
12 days later and it's 4000 USD
8/oct 4018
Hit $4000 in 12 days. ⚱️🏆👑
buy art 🎉🎉🎉🥳✨🎊
If and when the world continues to trust the US dollar that is has value to last many years, then the USD will maintain its value. Now if you think the USD will lose its trust and value, then you change your USD quickly to gold which everybody thinks it has value for a long time. Soon the US revalues its gold to be US$50000/ounce instead of the present US$5000, then the US government has a windfall of 10 times of the value of present USD. Now the windfall money can be used to redeem its national debt in USD. BTW the people living in Borneo jungles do not care about USD or gold which has no value to them in their daily life. The Penguin country also does no trade with US and so USD has no value to them. Hence BRICS should stop using USD in trade sanction as the USD does not hold its value too long.
Nobody minds a pullback from a higher level.
Why the dollar index roses while goes up ?….manipulation by fed ?
El oro siguió subiendo.
bull shit they a shortage and silver even more so
Is the RSI applicable at the moment? This is not a normal Gold market…
I like this guy. Simple answers that make sense.
RSI is such an amateur indicator. Never use it. Ohhh, you caught on after a couple minutes about it with that question. bravo.
Mientras los BANCOS CENTRALES sigan COMPRANDO ORO, su precio subirá o mejor dicho EL DÓLAR BAJARÁ.
HAY DEMASIADO PAPEL FIAT, en relación a las cantidad de ORO y personas en éste mundo.
the Jews invented an alternative to physical gold and silver as financial instruments. Yes they want ALL THE GOLD to be theirs and theirs alone ! ,They don't want the rest of humanity to be in competition ( a cardinal sin committed against semite's according to their Talmudic faith) , and so they invented digital ''currencies'' including Bitcoin, Crypto , and now CBDC's plus mark of the beast ''digital IDs, so that they have first priority over the fruits of our labour and toil. With their CBDC invention, Jews will own everything and the rest of us will as SCHWAB puts it, ''own nothing'' !!! So its the rest of humanity vs the Jews !!! Who will win out over the other ? That will be the future that some of us are facing but all of our youth will certainly experience, and it wont be fun !!!
???. Gold will keep going up to 5k and beyond.