Will Inflation Prop Up Commodities Now? | Gold & Silver Price Analysis
1 extracted signal · 0 resolved · 0 still active
The Trade SetupIndependent analyst profile- Source published
- 30 Jul 2026, 09:27 UTC
- Recorded by Tahlil Plus
- 30 Jul 2026, 10:54 UTC
AI-generated source summary
The video analyzes the potential Elliott Wave patterns for Silver (XAUUSD) and Gold (GC=F). For Silver, a potential three-wave down ABC pattern is observed, with the possibility of a continued decline to around $50.00 if the current support levels are broken. The analysis suggests that breaking below $50.00 would invalidate the bullish outlook for Silver. For Gold, an uptrend is established, but the analysis suggests a potential complex correction or a larger wave 4 down. The most probable scenario, according to the video, is a continuation of the downtrend for Gold, with potential targets identified at the 38.20% retracement level around $3,696.1. The current structure for Gold suggests that if it fails to hold support around $4,000, it could lead to further downside, invalidating the bullish count and potentially reaching levels as low as $3,000.
AI-generated summary based on the source content.
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1 eligible signal linked to this case.
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