Gold & Silver Fulfilling Projected Surges into Aug 24 – 28, ’26! More Upside Expected.
08-19-26 – 40YC Currency War – Golden Phase Unfolding – “Gold & the White Metals (Silver, Platinum, Palladium) are surging after fulfilling 3 – 6-month downside objectives and 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 the (previously-discussed) ideal scenario, a major correction often retraces to the rising monthly 21 High MAC – a pivotal level of steeply ascending support – and completes a multi-month decline after the market has triggered a pair of neutral signals against the prevailing monthly uptrend.
Gold adhered to that 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 – continuous contract), neutralizing its monthly uptrend AND retracing right to 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 spike below 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).
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 stated:
6-27-26 – “Gold & Silver dropped to new lows after failing to turn their respective 1 – 2-week trends up… That aligns with cycle analysis – portending a decline into early-July – the fulfillment of both an ~11-week high-high-(low; July 2 – 10, ’26) Cycle Progression and a .618 retracement in time (37 weeks up & 23 weeks down – into July 6 – 10, ’26)…
In the past week, Gold & Silver spiked below their respective 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 portends a 1 – 2-month low in the coming week(s).
More importantly, that had Gold again holding its Oct ’25 low – the 4th wave of lesser degree support on a 1 – 2-year basis. (However, 3913/GC is that level on a continuous-contract basis.) 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…
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…
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… This overall ‘a-b-c’ decline still appears to be 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…
The XAU Index could still make it down to 270 – 280.0, likely extending its decline into early-July ’26. (The monthly 21 High MAC should be around 295.0/ XAU in July ’26 and would be the first critical support level at that time.).” – June 27, ’26 Weekly Re-Lay
All those signals identified late-July ‘26 as the most likely time for the onset of an accelerated rally in precious metals… a rally that could extend beyond mid-August and potentially 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]… into Feb 8 – 12, ’27.
All of this was preceding a major fundamental move (another) by China in July ‘26, as they seek to play a much larger role in the pricing of Gold (and help diminish the role of the US Dollar as global currency kingpin). This has been going on for over a decade, some of which was triggered by the global & Western financial crisis of 2008.
The handwriting was – and still is – on the wall!
Gold, Silver, Platinum & Palladium generated a series of new buy signals in mid-to-late-July, increasing the likelihood for a new surge to take hold in late-July and extend into [reserved for subscribers]…
Gold & Silver are surging in line with analysis for August ’26 and the recent fulfillment of a myriad of weekly, monthly and multi-year Cycle Progression lows in July ‘26. Those lows fulfilled weekly HLS indicators & primed Gold & Silver for a new surge beginning 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 advance above 4800/GCZ.
~4810 – 4820/GCZ is where the current rally would equal (magnitude) the March/April ’26 rally AND – on a smaller basis, a rally from Friday’s low (4365/GCZ) would equal the preceding July 29 – Aug 13, ’26 rally.
It includes last week’s LHR (applies for 2 weeks) and last month’s LHR (4827/GCZ, applies in July & August) as well as the high of the initial Jan ’26 rally and a 50% rebound of the March – June ’26 decline. The August 20th daily LHR is just below there.
It is just above the ascending weekly 40 High MAC and is in line with a multi-year range sequence in Dec Gold (~2400 – ~3200 – ~4000 – ~4800 – ~5600/GCZ) that was powerfully reinforced by the July ’26 low (near 4000/GCZ). Many of those factors do not specify timing, so price action needs to hone that.
Silver has related targets & decision points at 70.80 – 72.80/SIU… that remain ‘in play’… Silver maintains weekly cycles converging in late-August and a high on Aug 24 – 28, ’26 would fulfill a ~15-week low-high-high-high-(high; Aug 24 – 28, ’26) Cycle Progression.
2 – 4 week & 1 – 3 month traders could have entered long positions in Dec Gold & Sept Silver futures at 4054 – 4130/GCZ & 56.87 – 58.90/SIU – in line with the published trading strategies in July ’26 – and be holding these with open gains of about $45,000/contract in Gold futures & about $39,000/contract in Silver futures.
Risk/exit on daily closes below 4490/GCZ and/or 63.95/SIU. 2 – 4-week traders can exit 1/2 of long positions if/when 4675/GCZ and/or 72.80/SIU is hit.” TRADING INVOLVES SUBSTANTIAL RISK!!
Gold & Silver, Platinum & Palladium and the XAU & HUI are surging after fulfilling projections for a multi-month drop into July ’26 – when a decisive, multi-month bottom was/is expected… as part of the next phase of the 40-Year Cycle of Currency War. A new surge was/is projected for late-July through late-August ‘26! (Another surge could follow in 4Q ’26.)
Late-July/early-August ’26 was/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 into late-August ’26… and up to ~4680/GCZ, possibly attacking ~4800/GCZ. (Oct ’26 is the next month in focus!) Cryptos have also been projecting a powerful surge into August 25/26th!
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. If they fulfill a projected surge into late- August ’26, that would powerfully corroborate projections for 4Q 2026… including the timing and extent of a (likely) multi-week correction in Gold & Silver, following that late-August ’26 expected peak!
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.