Gold's Biggest Risk Yet? Trader Called Bottom, Reveals Next Breaking Point | Gary Wagner

Watch on YouTube ↗  |  September 10, 2026 at 16:09  |  30:34  |  The David Lin Report
Speakers
Gary Wagner — Editor, TheGoldForecast.com
David Lin — Founder & Host, The David Lin Report / ex-Anchor, Kitco News

Summary

Gary Wagner discusses how surging oil prices, inflation, and Fed rate-hike risk are driving gold and broader markets. He presents a bullish technical case for crude oil toward $100 and a gold support base near $4,400, while outlining the Fed/oil/inflation scenario that could send gold back toward $4,000. David Lin also highlights sponsor STLLR Gold as a Canadian gold-leverage watch.

  • Crude oil has spiked, with Brent cash near $100 and WTI futures around $96-$97.
  • Gary sees oil as a broad inflationary shock that could force the Fed to hike rates.
  • His technical read says crude oil momentum is accelerating and resistance sits near $98.50-$99 on futures.
  • Gold corrected from record highs, found a base, and reclaimed its 50-day moving average.
  • The $4,400 area is key support for gold, with resistance near $4,760.
  • A heavy Fed hiking cycle, falling crude, and cooling inflation could pull gold toward or below $4,000.
  • STLLR Gold is presented as a sponsor-backed Canadian gold project watch.
Ideas
Gary Wagner Editor, TheGoldForecast.com 6:02
Oil momentum accelerating toward $100.
Gary Wagner argues crude oil has spiked into a powerful uptrend and can challenge $100. Brent cash has already traded near $100 and WTI futures are around $96-$97; higher oil is a broad inflationary shock, and his Heikin-Ashi chart shows momentum in crude oil is accelerating, not weakening, with resistance at $98.50-$99 on the futures contract.
Gary Wagner Editor, TheGoldForecast.com 7:36
Gold holds $4,400 support, bullish setup.
Gary Wagner views gold as short-term bullish after it corrected from about $5,700 to $4,000, formed a base, and reclaimed its 50-day moving average in early August. The $4,400 area is strong support because the 50-day moving average and the 61.8% Fibonacci retracement of the last rally converge there; holding that area keeps the bullish setup intact, while a move through roughly $4,760 would be needed to confirm the next leg higher.
David Lin Founder & Host, The David Lin Report / ex-Anchor, Kitco News 8:48
STLLR Gold offers leveraged gold upside.
David Lin highlights STLLR Gold as a gold-leverage watch: it holds three major Canadian projects including Tower and Colac, with Tower potentially worth $2.5 billion after tax at a $3,200 gold assumption, plus Hollinger Tailings near-term cash flow potential; across projects it has drilled over 16 million ounces and has a seasoned team.
Up Next

This The David Lin Report video, published September 10, 2026, features Gary Wagner, David Lin discussing BNO, WTI, GLD, STLLR Gold. 3 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Gary Wagner, David Lin  · Tickers: BNO, WTI, GLD, STLLR Gold