Gold & Silver Fulfill ‘First Correction’; Prepare for 2nd Sharp Sell-off! XAU Concurs.
09-05-26 – “Gold & Silver fulfilled the outlook for surges into late-August ’26… Gold & Silver surged into the final week of Aug ’26 – when Cycle Progressions projected a multi-week peak to take hold and spur a sharp pullback after Gold & Silver had also attacked upside price targets, where a peak was most likely.
One thing working against these metals is their daily trends, which turned down during the recent decline… they could see a second decline into that same week (Sept 14 – 18, ’25) – fulfilling a myriad of contrasting timing indicators.
On a daily basis, Gold & Silver are a little constructive. Their 5-wave advances into late-August created wave ‘4’ lows (4th wave of lesser degree support) at their August 14/19th lows. That became the primary downside target – for the first correction – and 1 – 2-week support.
Gold & Silver retraced toward those levels with Gold bottoming at its 4th wave of lesser degree support (and precisely at its weekly 21 Low MAC) while Silver bottomed a little bit above that level…
2 – 4 week & 1 – 3 month traders could have entered long positions in Dec Gold & Sept Silver futures in late-July at avgs of ~4092/GCZ & ~57.90/SIU in line with published trading strategies for July 27 – 31, ’26.
2 – 4-week traders could have exited Gold & Silver long positions in late-August ‘26, resulting in overall avg gains of about $51,000/contract in GCZ & about $52,000/contract in SIU.
1 – 3-month traders could have exited 1/2 of long positions near 4680/GCZ and 69.00/SIU – w/avg gains of about $59,000/contract in GCZ & about $55,000/contract in SIU.
The remaining 1/2 could have been exited on this past week’s open (avg exit near 4500/GCZ & 66.40/SIU) – resulting in overall avg. gains for the entire trade of about $50,000/contract in GCZ & about $50,000/contract in SIU. TRADING INVOLVES SUBSTANTIAL RISK!
Gold & Silver turned their daily trends down as they sold off from intermediate cycle highs. If they fail to turn their new intra-month trends up, a new decline into Sept 14 – 18th would be likely.
The XAU & HUI also surged into late-August, fulfilling almost all of what was projected from their mid-July ’26 lows. The July lows fulfilled analysis for a multi-month low to take hold – when a 19 – 20-week high-high-high-(low) & ~10-week high-high-high-high-(low) Cycle Progression converged with a contrasting ~9-week/~2-month low-low-high-high-low Cycle Sequence.
That projected initial rallies of 5 – 6 weeks, ideally stretching into August 25/26th. They topped on Aug 25th and corrected into Sept 1st with the XAU testing and holding its weekly HLS in the process… Combined with weekly Cycle Progressions (~9-week & ~10-week & mid-point of ~19-week) and a 50% time retracement, that weekly HLS would ideally result in a low on Sept 14 – 18, ’26.
An initial drop to 377 – 380/XAU is still deemed likely… with a more convincing convergence of support (& downside targets) at ~360 – 363/XAU.” TRADING INVOLVES SUBSTANTIAL RISK!!
Gold & Silver, Platinum & Palladium and the XAU & HUI surged into late-August ‘26 and to multiple upside targets – fulfilling the upside potential for that multi-week advance and identifying the ideal time for a multi-week or multi-month peak to take hold. A late-August top was expected to trigger a sharp sell-off in September, in line with Silver’s weekly trend that failed to turn up. It is also in line with the uncanny ~15-week Cycle Progression in Silver…
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…”
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 & 1Q 2027… including the timing and extent of the next (likely) rally in Gold & Silver after a ‘sharp’ September sell-off.
TRADING INVOLVES SUBSTANTIAL RISK!
See current Weekly Re-Lay & INSIIDE Track publications for the most updated analysis.