Gold & Silver Trigger New Buy Signals; Project Multi-Week Surge!
07-29-26 – July ’26 Reversals & the ‘Ideal Scenario’ – “Gold & Silver are consolidating after Gold set 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 spike below its Oct ’25 low (4th wave of lesser degree)… all setting the stage for a multi-month low to take hold.
There were even longer-term cycles involved.
For context, Silver has 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. A preceding high in ~Oct ’26 would corroborate.
The midpoint of that ~30-month Cycle Progression is 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 a rally into Sept/Oct ’27 (it’s next phase).
The potential for a mid-year ’26 low (late-June – mid-July ’26) was reinforced by other factors.
From a broad perspective, Silver has 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 would bottom in July ’26.
A decline into the week of July 13 – 17, ’26 would complete a perfect .618 time retracement of the May ’25 – Jan ’26 advance… exactly what has transpired.
Those lows fulfilled weekly HLS indicators & gave reinforcement to prevailing wave analysis that the recent decline (since mid-April ’26) is still a corrective one that is likely a ‘C’ wave… and primes Gold & Silver for a new surge in the coming months.
Gold & Silver declined into mid-month and have since rebounded but still need daily closes above 4216/GCQ & 63.73/SIU to turn the intra-month trends up and produce the first signs of a multi-week reversal higher. If they do that in the coming days, it would also complete Intra-Month V Reversals higher.
In the interim, it would only take daily closes above 4172/GCQ & 61.27/SIU to turn the daily trends up after Gold & Silver neutralized their daily downtrends twice while rallying into July 22nd. That would also generate bullish signals via the daily 21 MACs.
2 – 4 week & 1 – 3 month traders can be entering long positions in Dec Gold & Sept Silver futures at 4070/GCQ & 58.90/SIU and averaging into those down to the mid-July lows. Risk/exit on daily closes below the July 17th lows. TRADING INVOLVES SUBSTANTIAL RISK!
Platinum & Palladium corroborated this 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 now projects a minimum ~16-week rally (50% of 32-week cycle) into Oct 19 – 23, ’26.
Ideally, that would only be part of a full ~32-week rally – since that Cycle Progression is at the likely inversion stage – into Feb 8 – 12, ’27.
The XAU & HUI declined from mid-May cycle highs into mid-July, fulfilling their weekly trend patterns, setting the stage for a multi-month low as they attacked rising monthly 21 High MACs.
They stretched their declines into July 17th, fulfilling a ~1-month/~30-degree high (Apr 17) – high (May 13) – high (June 17) – (low; July 17, ’26) Cycle Progression and intra-month downtrends.
At the same time, they fulfilled a 19 – 20-week high-high-high-(low) and a ~10-week high-high-high-high-(low) Cycle Progression… indicating that at least a ~5-week rally should follow.
Initially, that could spur a rally into late-Aug/early-Sept ’26 (corroborating related Silver cycles). Daily closes above the July 22nd highs are needed to turn the daily trends up.”
Gold & Silver (as well as Platinum, Palladium and the XAU & HUI) fulfilled analysis for a multi-month drop into July ’26 – when a decisive, multi-month bottom was/is projected. This is still perceived to be an ‘A-B-C’ correction (of an over-arching multi-year uptrend), with the terminal ‘C’ wave forming a bottom while ushering in the next phase of the 40-Year Cycle of Currency War.
Late-June/early-July ’26 is/was the ideal time for the start of a multi-week bottoming process, with Gold leading the way. The XAU corroborated with mid-July ’26 cycle lows. Silver & the white metals followed. Late-July/early-August ’26 is 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. Copper projects an imminent surge to new all-time highs!
All 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 begin a new surge in late-July/early-August ’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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