Gold & Silver Fulfilling Late-August Cycle High; Multi-Week Peak Projected!
08-26-26 – 40YC Currency War – Gold & Cryptos vs Dollar – “Gold, Silver, Platinum & Palladium rallied after fulfilling 3 – 6-month downside objectives last month & providing textbook monthly chart buy signals at their July ’26 lows. That also fulfilled key technical patterns that were arguing for a major ‘C’ wave low and the onset of a new multi-month advance in all the metals.
At the same time, Bitcoin, Ether & other cryptos projected a corresponding August ’26 surge.
Considering the magnitude and potential ramifications of the multi-year trend in precious metals, it is important to reiterate the significance of what has unfolded over the past 2 – 3 months. This is likely to reverberate into Oct/Nov ’26 and ultimately into ~Sept/Oct ’27.
In the case of Gold & Silver, they spent ~5 months retracing to the rising monthly 21 High MACs – a pivotal level of steeply ascending support that often helps pinpoint a major wave ‘4’ (or ‘IV’) low in an overall wave structure.
When corroborating indicators – like the monthly trend indicator in Gold & Silver – coincide with multi-month Cycle Progressions, they produce the ideal setup for a new advance to take hold… as they did.
Gold followed a textbook scenario as it spiked down to the rising monthly 21 High MAC (in late-June ’26) and quickly reversed higher from that ascending support (~3970/GC in the continuous contract), neutralizing its monthly uptrend AND bottoming right at its 4th wave of lesser degree support – the overall downside target and support for that multi-month decline.
At the same time, Silver dropped far enough to attack its rising monthly 21 High MAC although it did not neutralize its monthly uptrend, showing underlying strength on a 6 – 12-month basis.
Silver also fulfilled the midpoint of a ~2.5-year/~30-month low (March ’20) – low (Sept ’22) – low (April ’25) – (low/high; Sept/Oct ’27) Cycle Progression that is likely to time the next 6 – 12-month peak in Sept/Oct ‘27…
The midpoint of that ~30-month Cycle Progression was the latest phase of a ~14 – 15-month low (Jan/Feb ’24) – low (Apr ’25) – (low; June/July ’26) Cycle Progression that also projected a low in late-June – mid-July ’26 and would likely project an overall rally into Sept/Oct ’27 (it’s next phase).
Silver also fulfilled another example of wave symmetry.
Previously, it experienced 5 declines of approximately 6 months in duration (since mid-2019). They included the declines of Sept ’19 – March ’20, Feb ’21 – Sept ’21, March ’22 – Sept ’22, April ’23 – Oct ’23 and Oct ’24 – April ’25.
A 6th decline of similar duration projected a low in July ’26 and the onset of a new multi-month advance.
There were also intermediate (multi-week) timing indicators converging at that time. Gold dropped to a new intra-year low in late-June, fulfilling an ~11-week high-high-high-(low; June 29 – July 2, ’26) Cycle Progression while providing another intra-week test of its Oct ’25 low (4th wave of lesser degree).
Following that, the XAU & HUI fulfilled major downside price targets & multi-month Cycle Progressions while spiking to final lows in mid-July ’26… and bottoming just above the pivotal ‘4th wave of lesser degree’ support points (the 4Q ’25 lows).
All these factors were setting the stage for – and powerfully corroborating – the latest phase of the 40-Year Cycle of Currency War (see July & August ’26 INSIIDE Tracks for latest updates) and the ongoing battle between fiat (debt-backed), hard (metals) & digital (crypto) currency.
That battle was forecast to enter a new phase in 3Q 2026!
Both Gold & Bitcoin bottomed in June ’26 – the convergence of multi-month Cycle Progressions. That is also when the Dollar Index completed a multi-month rebound from cycle lows in Jan ’26. In all three cases, these provided mid-year extremes – the likely objectives for related intra-year up or down trends.
On June 27, ’26 – 3 days before Gold bottomed on June 30, ’26 while fulfilling a myriad of price & timing indicators – the Weekly Re-Lay reiterated analysis for a late-June/early-July ’26 low and began focusing attention on Oct ’26, when a future high is likely:
6-27-26 – “A spike low in July ’26 would also reinforce 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.
A low in July ’26 would occur 6 months from the Jan ’26 peak and then allow for a ~3-month rally (50% time rebound of ~6-month decline) into those same Cycle Progressions in Oct ‘26…” – June 27, ’26 Weekly Re-Lay
A myriad of signals identified late-July ‘26 as the most likely time for the onset of an accelerated rally in precious metals… a rally that could initially extend into late-August/early-Sept ’26 – based on related XAU Cycle Progressions.
Platinum & Palladium corroborated that outlook with Platinum fulfilling a ~7-month/31 – 32-week low (Sept 2 – 6, ‘24) – low (April 7 – 11, ’25) – low (Nov 17 – 21, ’25) – (low; June 29 – July 2, ’26) Cycle Progression – that projects [reserved for subscribers]…
Gold, Silver, Platinum & Palladium generated a series of convincing buy signals in mid-to-late-July, increasing the likelihood for a new surge to take hold in late-July.
Weekly trend indicators are the first critical indicators needed to confirm those signals. Gold has already obliged, and turned its weekly trend up… but the others are lagging…
Gold & Silver have surged in line with analysis for August ’26 and the previous fulfillment of a myriad of weekly, monthly and multi-year Cycle Progression lows in July ‘26. Those lows fulfilled weekly HLS indicators & projected Gold & Silver to begin a new surge in late-July ‘26.
Gold was expected to see an initial surge to 4460 – 4490/GCZ, a subsequent rally to 4680/GCZ, and a possible overall advance above 4800/GCZ. It fulfilled the first two of those and is nearing the final one.
Silver has related targets & decision points at 70.80 – 72.80/SIU… Silver has weekly cycles converging at this time and a high on Aug 21 – 28, ’26 would fulfill a ~15-week low-high-high-high-(high; Aug 21 – 28, ’26) Cycle Progression. It has twice neutralized its weekly downtrend and needs a weekly close above 70.08/ SIU to turn that trend up…
2 – 4 week & 1 – 3 month traders could have entered long positions in Dec Gold & Sept Silver futures in late-July at an avg of ~4092/GCZ & ~57.90/SIU – in line with published trading strategies for July 27 – 31, ’26 – and be holding a majority of these with avg. open gains of ~56,000/contractinGoldfutures&~50,500/contract in Silver futures.
2 – 4-week traders could have exited 1/2 of long positions (Gold & Silver) on August 21st and the other 1/2 of Silver positions near 67.85/SIU (trailing stop) – resulting in overall avg gains of about $52,000/SIU contract in Silver…
1 – 3-month traders can exit 1/2 of long positions now – with Gold trading near 4680/GCZ and Silver near 69.00/SIU… TRADING INVOLVES SUBSTANTIAL RISK!!
The XAU & HUI also surged into late-August, fulfilling almost all of what was projected from their mid-July ’26 lows. At the time, they fulfilled analysis for a multi-month low to take hold in mid-July – the convergence of a 19 – 20-week high-high-high-(low) and a ~10-week high-high-high-high-(low) Cycle Progression. From a price perspective, they bottomed near rising monthly 21 High MACs.
That projected initial rallies of 5 – 6 weeks, which are being fulfilled and could usher in a multi-week high at any time. By stretching into the current week (the intermediate upside timing target stemming from the mid-July ’26 low), they have rallied for .618 – .667 of that ~10-week cycle and set the stage for a future (higher) low in late-Sept ’26 – the next phase of that ~10-week high-high-high-high-low-(low) Cycle Progression and the midpoint of the over-arching ~19 – 20-week high-high-high-(low) Cycle Progression.
A peak could now take hold at any time.” TRADING INVOLVES SUBSTANTIAL RISK!!
Gold & Silver, Platinum & Palladium and the XAU & HUI have surged after fulfilling projections for a multi-month drop into July ’26 – when a decisive, multi-month bottom was/is expected. That was forecast to spur a surge into late-August ‘26… and up to ~4680/GCZ, possibly attacking ~4800/GCZ. (Oct ’26 is the next month in focus!) A multi-week top is now expected, turning focus to late-Sept ’26 for a subsequent low:
8-26-26 – “A myriad of signals identified late-July ‘26 as the most likely time for the onset of an accelerated rally in precious metals… a rally that could initially extend into late-August… Gold, Silver, Platinum & Palladium generated a series of convincing buy signals in mid-to-late-July…
Silver has related targets & decision points at 70.80 – 72.80/SIU… Silver has weekly cycles converging at this time and a high on Aug 21 – 28, ’26 would fulfill a ~15-week low-high-high-high-(high; Aug 21 – 28, ’26) Cycle Progression… The XAU & HUI also surged into late-August, fulfilling almost all of what was projected from their mid-July ’26 lows… and set the stage for a future (higher) low in late-Sept ’26…”
All this remains in the context of the unfolding scenarios projected for 2022 – 2028/2029, with Gold & Silver entering the next phase of their overriding outlook. Having fulfilled the projected surge into late-August ’26, that powerfully corroborates projections for 4Q 2026… including the timing and extent of the next (likely) rally in Gold & Silver, following a late-Sept ’26 intervening low!
Analysis for the US Dollar & Forex, Interest Rates, Stock Indexes and Bitcoin/cryptos concurs. TRADING INVOLVES SUBSTANTIAL RISK!
See current Weekly Re-Lay & INSIIDE Track publications for the most updated analysis.