Elliott wave analysis of GOLD and SILVER | July 03 2026
2 extracted signals · 2 resolved · 0 still active
elliott wave principleIndependent analyst profile- Source published
- 03 Jul 2026, 05:27 UTC
- Recorded by Tahlil Plus
- 29 Aug 2026, 17:02 UTC
AI-generated source summary
The analysis identifies a potential contracting triangle pattern in both silver (XAGUSD) and gold (XAUUSD) on a weekly chart. The speaker suggests that silver is currently in a corrective wave 'e' of a larger triangle pattern, with an expected downside target of $53.56. The fail bound for this analysis is set at $65.0, indicating that if the price moves above this level, the bearish outlook would be invalidated. Similarly, for gold (XAUUSD), the speaker identifies a similar ABCDE pattern in a contracting triangle, anticipating a move towards $4000.0 as a target, with a fail bound at $4250.0. The speaker notes that both metals have shown significant vertical moves in the past, and while silver has outperformed gold in percentage terms recently, both are expected to continue their downward trajectory within these patterns, suggesting a period of consolidation and potential for further price discovery before the next major trend emerges.
AI-generated summary based on the source content.
Signal outcomes at a glance
Evaluation CompleteSignals in this source
Evidence and evaluation progress
- Original source published
The analyst published the original source item.
- Source recorded by Tahlil Plus
The public source was preserved as the evidence record for this case.
- Market predictions extracted
2 eligible signals linked to this case.
- Source processing completed
Source analysis and structured extraction completed.
- Outcome tracking started
Tahlil Plus began monitoring the extracted predictions.
- First prediction resolved
The first evaluable outcome in this case reached a terminal result.
- Case evaluation completed
All evaluable predictions in this case reached terminal outcomes.
elliott wave principle
Platform-wide history, separate from this source evaluation.
Tahlil Plus independently records and evaluates public market predictions. Extraction may be AI-assisted and results follow the Tahlil Plus methodology. This information is not financial advice.