The gold market could see a short-term dip before rallying above $2,900 in 2025, according to detailed technical analysis. Kitco News speaks with Gary Wagner, editor of The Gold Forecast, who explains why gold’s next move hinges on key support levels, Elliott Wave patterns, and triangular consolidation. He also discusses the U.S. Dollar Index’s potential rise to 113 and its impact on precious metals. Wagner explains macroeconomic factors, including President-elect Trump’s proposed tariffs and their possible inflationary effects. He also highlights the movement of physical gold and silver inventories and how this could drive market volatility. Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) Follow Gary Wagner on X: @garyswagner (https://twitter.com/garyswagner) 00:00 Introduction 00:52 Gold Market Analysis 01:32 Technical Analysis of Gold Trends 07:41 US Dollar Index and Its Impact on Gold 10:16 Market Sentiment and Geopolitical Factors 12:13 Silver Market Performance and Predictions 14:20 Macro Economic Outlook and Federal Reserve Policies 23:07 Impact of Tariffs on Precious Metals 28:49 Conclusion #Gold #GoldPrice #Silver #PreciousMetals #Inflation #TechnicalAnalysis #ElliottWave #USDollar #Tariffs #Investing #MarketAnalysis #GaryWagner #TheGoldForecast #TrumpTariffs #GoldForecast #Commodities #GoldInvesting #SilverInvesting #MacroEconomics #KitcoNews #Finance #GoldMarket #SilverMarket #GoldOutlook #USMarkets #GoldAndSilver #Gold2025 #Silver2025 #GoldBullion #SilverBullion __________________________________________________________________ Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news. SUBSCRIBE to our channel to stay up to date on the latest market and industry news. For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets - visit us at https://www.kitco.com To get market updates on the go, download the Kitco Gold Live! APP - https://applications.kitco.com Stay connected: Twitter - https://twitter.com/kitconewsnow Instagram - https://www.instagram.com/kitconews Facebook - https://www.facebook.com/KitcoNews LinkedIn - https://www.linkedin.com/company/kitc... StockTwits - https://stocktwits.com/kitconews Live gold price and chart: https://www.kitco.com/gold-price-toda... Live silver price and chart: https://www.kitco.com/Silver-price-to... 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: 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.