Silver Breaks $80 as Gold Eyes $6,000, Gary Wagner Charts the Levels

Gold is eyeing a massive run to $6,000, and silver just broke out past $80. Gary Wagner reveals the exact charts driving the precious metals bull market and maps the key technical levels you need to watch.Despite a hotter-than-expected U.S. jobs report reinforcing the Federal Reserve's "higher-for-longer" rate stance, the precious metals sector is accelerating. Gary Wagner, Editor of The Gold Forecast, joins Kitco News Anchor Jeremy Szafron for a special technical presentation detailing the Elliott Wave structure of gold and the mathematical case for a $6,000 target by year-end.They also break down the next resistance levels for silver—including a potential run to $90—and analyze what the U.S. Dollar (DXY) and GDX miners are signaling for the long-term rally.Recorded May 8 2026Follow 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)Timestamps:00:00 - Gold Surges Despite Jobs Data01:32 - Elliott Wave Bull Market Setup04:18 - Three Rally Legs Get Steeper08:58 - Blow Off Top And ABC Correction10:12 - Resetting The Count Wave 1-314:43 - Why 6000 Gold Is Plausible15:47 - Geopolitics And The Paradigm Shift17:57 - Elliott Wave Psychology Explained20:15 - Dollar Index DXY Versus Gold22:51 - Silver Breakout And 90 Target26:30 - Miners GDX Confirmation Check28:12 - Key Levels Invalidation#Gold #Silver #GaryWagner #KitcoNews #Investing__________________________________________________________________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/kitconewsListen 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.comVisit: 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/goldLive silver price and chart: https://www.kitco.com/charts/silverLive crypto market data: https://www.kitco.com/price/cryptoLearn 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.