Gold Fulfills Multi-Month Cycle Progressions: Projects Multi-Month Surge from June 30th!
07-04-26 – “Gold & Silver are bouncing after Gold dropped to a new intra-year low this past week, fulfilling an ~11-week high-high-high-(low; June 29 – July 2, ’26) Cycle Progression while providing another intra-week spike below its Oct ’25 low (4th wave of lesser degree).
In Silver, this decline has approached related cycles, including a trio of similar timed waves that comprise the entire ‘A-B-C’ decline. A Silver low in late-June/early-July ’26 would also complete a 50% retracement in time and fulfill a ~9-week/63 – 64-week low-low-(low) Cycle Progression.
In late-June, Gold & Silver spiked below their weekly HLS levels (extreme weekly downside targets) with Gold rallying back to close above that level & above its most recent low on the weekly close. That also projected a 1 – 2-month low to take hold in this (ensuing) time period.
That reinforces the overall wave analysis that the current decline (since mid-April ’26) is still a corrective one that is likely a ‘C’ wave, even though it has extended farther than expected.
The recent spike low also reinforced the outlook for the next significant peak to occur in Oct ’26 – fulfilling a ~4-year low (4Q ’14) – low (Aug/Sept ’18) – low (Sept/Oct ’22) – (high; Sept – Nov ’26) Cycle Progression as well as a ~1-year/~360-degree low (Oct ’23) – high (Oct ’24) – high (Oct ’25) – (high; Oct ’26) Cycle Progression.
If a low has just taken hold, Gold could now see a 13 – 14-week advance into Oct ’26 – rebounding .618 of its recent 22-week decline while mimicking the 13 – 14-week rally of Oct ’25 into Jan ’26… and perpetuating its ongoing sequence of geometric (~3-month/~90-degree) moves.
Gold & Silver reversed higher after Gold gave a quick spike lower and fulfilled multiple multi-week & multi-month cycles…
The XAU & HUI declined from mid-May cycle highs into mid-June, spiking below their late-March ’26 lows and fulfilling their weekly trend patterns, setting the stage for an initial low.
That also fulfilled downside price projections as they still appear to be in an overall ‘a-b-c’ decline – in the wave ‘IV’ of a potential 5-wave sequence that began with the Sept ’22 low. The 4th wave of lesser degree (wave 4 of III) support remains at the Nov ’25 low.
Since that time, they have consolidated near their lows, with a retest on June 24th. They need to turn their new intra-month trends up quickly, with a daily close above the July 1st – 6th trading range (on July 7th or later) – to signal a bottom.
Platinum & Palladium remain in 3 – 6-month declines as Palladium attacks its rising monthly 21 Low MAC (and neutralized its monthly uptrend for the second time) at the same time Platinum attacks its rising monthly 21 High MAC. Platinum also dropped right to its Oct/Nov ’25 low (1539/ PLV) – its 4th wave of lesser degree support on a multi-year basis – a decisive level of support.
Copper remains positive, on a multi-month basis, until a weekly close below 5.850/HGU. It is expected to see a new rally into late-July ’26 Cycle Progression highs.”
Gold & Silver (as well as other metals & related indexes) are fulfilling ongoing analysis for a multi-month correction that should bottom at or above their Oct/Nov ’25 lows… ideally in early-July ’26. This is still perceived to be an ‘A-B-C’ correction, with the terminal ‘C’ wave nearing fruition.
Late-June/early-July ’26 is the ideal time for a spike low and the start of a multi-week bottoming process. Late-July/early-August ’26 is shaping up as the most likely time for a new surge to take hold as part of Gold’s projected multi-month advance from its June 30, ’26 low.
All of this remains in the context of the unfolding scenarios projected for 2022 – 2028/2029, with Gold & Silver nearing a transition into the next phase of their over-riding outlook. If they bottom in late-June/early-July ’26, that would powerfully corroborate projections for 3Q & 4Q 2026… as well as analysis for 2026 – 2029! Analysis for the US Dollar & Forex, Interest Rates, Stock Indexes and Bitcoin/cryptos concurs.
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