Huge News Coming Out of Fed! If You Own Gold & Silver, Watch This Now – Gareth Soloway & Rafi Farber
Market strategists Gareth Soloway and Rafi Farber analyzed the latest moves in gold and silver, offering a grounded perspective on the ongoing correction. They emphasized that while the short-term volatility may appear concerning, it’s a natural part of a broader bullish trend. Gold could see a pullback to around $3,500, but the longer-term outlook remains firmly positive. Silver, they noted, still has the potential to surge toward $60 or even higher — though not without a healthy 15–20% correction first. Open interest remains steady near 476,000 contracts, signaling that this is more consolidation than capitulation. Both experts agree that true momentum will return once the Federal Reserve begins its final wave of money printing — a move that could send gold and silver climbing relentlessly as confidence in the dollar fades.
Gareth Soloway laid out a clear roadmap for gold’s next move, pointing out how today’s market is echoing 1979 — nine straight weeks of gains followed by a sharp correction. The difference, however, is crucial. Back then, interest rates were surging under Paul Volcker; now, the Fed is cutting rates amid record debt and global de-dollarization. That shift changes everything. The correction we’re seeing isn’t a collapse, but a reset within a powerful uptrend. Key support levels sit near $3,500 — an area Soloway views as a long-term accumulation zone. Silver, meanwhile, remains on track for $60 after a healthy 15–20% pullback. His message is simple: stay patient, trust the charts, and let history guide the next major move.
Credit to : The Metal War