Gold, Silver & XAU Reinforce Late-August ’26 (Multi-Month?) Peak; Sell-off Continues.
09-12-26 – “Gold & Silver could extend their corrections into the coming week… Gold & Silver have consolidated after surging 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
Both Gold & Silver are tracing out negative daily 21 MAC reversal sequences, although Gold is in the relatively-weaker structure on that basis. That could spur a spike low into the coming week – when multiple timing indicators align…
Silver is building synergy of weekly & monthly Cycle Progressions in early-Dec ’26 – an indication that it might wait until then to set its highest high of 4Q ’26. Intervening price action could further corroborate that.
A high on Nov 30 – Dec 11, ’26 would fulfill both a ~10-month/~44-week high-high-high-(high; Nov 30 – Dec 7, ’26) Cycle Progression and a related ~15-week high-high-high-high-(high; Dec 4 – 11, ’26) Cycle Sequence in this white metal.
Reinforcing that is the ongoing ~11-week Cycle Progression in Gold that recurs in the coming week… and then on Nov 30 – Dec 7, ’26. A future high at that time would complete a related 22-week advance following a 22-week decline in Gold (symmetry of waves)…
2 – 4 week & 1 – 3 month traders can be on the sidelines, awaiting a new signal after exiting long positions in Dec Gold & Sept Silver futures in late-August w/avg gains of about $51,000 & $50,000/ contract in Gold positions and avg gains of about $52,000 & $50,000/contract in Silver positions. TRADING INVOLVES SUBSTANTIAL RISK!!
Gold & Silver remain in daily downtrends and reinforced that with negative daily 21 MAC sequences. That action reinforces the potential for additional spike lows… The current price action, since the late-August ’26 highs, appears to be a wave ‘2’ pullback (in a textbook ‘a-b-c’ format) following the wave ‘1’ advance of July/August ’26…
The XAU & HUI have retreated & congested after surging into late-August and fulfilling almost all of what was projected from their mid-July ’26 lows (wave ‘1’ objectives).
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…
An initial drop to 377 – 380/XAU has been the initial downside target with critical weekly support (and extreme support) levels coming into play near 373.0/XAU in the coming week. A more convincing convergence of support (& downside targets) is at ~360 – 363/XAU…
Copper turned its daily trend down in mid-Aug and then rebounded without neutralizing that new daily downtrend. That has been expected to spur a drop to new multi-week lows, potentially into mid-Sept ’26.” TRADING INVOLVES SUBSTANTIAL RISK!!
Gold & Silver, Platinum & Palladium and the XAU & HUI peaked in late-August ’26 – a powerful convergence of multi-month Cycle Progressions and upside price targets – fulfilling the upside potential for that 3Q ‘26 advance and identifying the ideal time for a sharp sell-off to take hold (in September). That is in line with the uncanny ~15-week Cycle Progression in Silver that could time a future high in early-Dec ’26 (mid-point = ~mid-to-late-Oct ’26).
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 fulfilling their projected 3Q ‘26 surges into late-August ’26 and corroborating expectations for 4Q 2026 & 1Q 2027. Silver’s ~15-week Cycle Progression is providing crucial clues for 4Q ’26. TRADING INVOLVES SUBSTANTIAL RISK!
See current Weekly Re-Lay & INSIIDE Track publications for the most updated analysis.