Why Gold Should Trade to a New Record High of $3500

Gold just posted its strongest weekly performance in five years, blasting through $3,240 an ounce before pulling back – and veteran technical analyst Gary Wagner says this move is unlike anything he’s seen in decades. With volatility rising across stocks, currencies, and bonds, Wagner warns that gold is forming a powerful new base – and the next leg higher may already be underway.

Key Topics: – Why Wagner texted: “I’ve never seen this in gold before”

 – The meaning of back-to-back parabolic moves on Heikin-Ashi charts

 – Why $3,000 is now critical support and not just a milestone

 – How tariffs, debt, and geopolitics are fueling gold’s next wave

 – The technical case for $3,400, $3,500 

— or higher – Why the dollar is breaking down despite rising Treasury yields

 – What traders should watch: momentum setup vs consolidation base

 – Key support and resistance levels for short- and long-term positioning

00:00 Introduction

01:34 Technical Analysis on Gold's Performance

01:51 Hank and Ashi Chart Analysis

03:49 Continued Market Analysis and Predictions

04:40 Implications and Future Projections

13:08 The Role of the Dollar

15:07 Closing Thoughts and Advice for Traders

17:34 Conclusion 

This interview was recorded today (April 15, 2025) at 9:00AM HST (3PM ET). It contains my latest analysis, and technical commentary on gold and the dollar. It addresses why I see technical evidence to support June gold futures trading as high as $3500 within the next 30 days!

Please enjoy the interview.

Wishing you as always, good trading,