Gold & Silver Nearing Time & Price for Multi-Month Lows!
06-24-26 – “The GSCI (Goldman Sachs Commodity Index) is fulfilling ongoing projections for a sharp decline from a peak in April/May ’26, the time projected to usher in a 3 – 6-month (or longer) high in that index and in the related energy/commodity inflation surge.
That was, and still is, expected to be part of a broader, overall advance that next peaks in ~April 2027. The most intriguing part of this analysis – which remains valid and has been repeatedly corroborated – is how it is likely to impact other markets…
Gold & Silver dropped to new lows after failing to turn their respective 1 – 2-week trends up – leaving the intermediate trend down. In the process, both metals remained below their daily 21 Low MAC and related 1 – 2 week resistance levels.
Both metals also remain below their declining weekly 21 Low MACs, with Silver bouncing right to that critical resistance level before peaking last week – portending a new decline.
The late-March ’26 lows remain the most decisive level of multi-month support for Gold & Silver. Gold & Silver neutralized their weekly uptrends multiple times – leading into late-March ’26 – but did not turn their weekly trends down. They would not do so until weekly closes below those late-March ’26 lows.
The recent drop(s) to new lows make a weekly trend reversal a higher probability. That could extend these declines 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).
A drop into early-July ’26 would fulfill related cycles in Silver, including a trio of similar timed waves that comprise the entire ‘A-B-C’ decline. The ‘A’ wave was 53 days and the ‘B’ wave was 51 days. The ‘C’ wave would match those on July 2/6, ’26.
A Silver low in late-June/early-July ’26 would also complete a 50% retracement in time and fulfill a 63 – 64-week low-low-(low) Cycle Progression.
The XAU & HUI dropped below their late-March ’26 lows, fulfilling their weekly trend patterns and initial downside price projections. The daily trends turned back down and rejoined the weekly trends that have remained down and just traced out a bearish weekly 21 MAC reversal sequence. The XAU Index could still make it down to 270 – 280.0, likely extending its decline into early-July ‘26.”
Gold & Silver (as well as other metals & related indexes) are fulfilling ongoing analysis for a multi-month correction that should bottom at or above their Oct/Nov ’25 lows. This is still perceived to be an ‘A-B-C’ correction, with the terminal ‘C’ wave nearing fruition. Late-June/early-July ’26 is the ideal time for a spike low and the start of a multi-week bottoming process. Late-July/early-August ’26 is shaping up as the most likely time for a new surge to take hold.
All of 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 bottom in late-June/early-July ’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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