Gold, Silver, Copper, Platinum Palladium Project New Surges Beginning in Late-July ’26!
07-18-26 – “Gold & Silver are in the ideal setup for new multi-month rallies… Gold & Silver are consolidating after 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 spike below its Oct ’25 low (4th wave of lesser degree)… all setting the stage for a multi-month low.
Silver completed a trio of similar-timed waves that comprise the entire ‘A-B-C’ decline while fulfilling a 50% time retracement and a ~9-week/ 63 – 64-week low-low-(low) Cycle Progression.
The recent lows also fulfilled weekly HLS indicators & reinforced 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 that could/ should ultimately last into Oct ‘26…
The XAU & HUI declined from mid-May cycle highs into mid-July, fulfilling their weekly trend patterns, setting the stage for an intermediate low as they attack their 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. At the same time, they clarified other cycles, fulfilling a 19 – 20-week high-high-high-(low) and a ~10-week high-high-high-high-(low) Cycle Progression.
This is taking place in the month after the XAU triggered the second neutral signal to its prevailing monthly uptrend – the optimum time (July ’26, the subsequent month) for a 3 – 6-month (or longer) low to take hold.
Initially, that could spur a rally into late-Aug/early-Sept ’26… if/when daily closes above the July 1st lows are triggered.
Platinum & Palladium are showing signs of bottoming as Palladium attacks its rising monthly 21 Low MAC (after neutralizing its monthly uptrend for the second 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 – the ideal level for a secondary low.
A 1 – 2-month rally to ~2000/PLV appears likely and was partially corroborated by both white metals retracing to their daily 21 Low MACs and initially holding… as the inversely-correlated 21 MARCs begin multi-day plunges.
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 and could extend that advance into mid-August ‘26.
Throughout this century, Copper has shown a strong proclivity to move in ~2-year & ~4-year cycles and waves. A few of them mature in 3Q ’26 – when an additional surge & spike high is possible, corroborating daily & weekly CPs.
For starters, a ~24 – 25-month low-low-(high; Aug/Sept ’26) Cycle Progression would fulfill the latest phase of a ~2-year Cycle Progression that also timed lows in Aug/Sept ’16 & Aug/Sept ’18 (but not in Aug/Sept ’20). A related ~4-year low-low-low-high-(high; 3Q ’28) Cycle Progression has its midpoint in July/Aug ’26.
A peak in June – Aug ’26 (slight possibility it has already been set) would complete the latest ~2-year advance – matching the durations of prior rallies in 2004-’06, 2008-’11, 2016-’17, 2020-’22 & 2022-’24. There is much more to these two cycles – 3Q ’26 & 3Q ’28 – that will be elaborated in longer-term analysis (INSIIDE Track).”
Gold & Silver (as well as other metals & related indexes) are fulfilling ongoing analysis for a multi-month correction (from their late-Jan ’26 highs) that should bottom at or above their Oct/Nov ’25 lows, ideally in July ’26. This is still perceived to be an ‘A-B-C’ correction (of an over-arching multi-year uptrend), with the terminal ‘C’ wave at or near its low.
Late-June/early-July ’26 is/was the ideal time for a spike low and the start of a multi-week bottoming process, with Gold leading the way. 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. The XAU is nearing major support… awaiting bullish cycles to kick in (in late-July/early-August ’26). 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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