Takeaway

The presenter argues that despite recent technical breakdowns below their July–September 2026 uptrends, the macro bullish structures for gold and silver remain intact as long as their 2026 yearly lows hold. Gold is finding support around 4100 with long-term upside targets toward 5000, while silver is stabilizing near the 60 psychological mark with upside potential toward triple digits. Any deeper pullbacks toward yearly lows or major multi-year confluence zones are viewed as long-term dip-buying opportunities rather than structural trend reversals.

What the presenter said

• Macro Bullish Trend Intact: The recent breakdowns below the multi-month support lines connecting higher lows between July and September 2026 are framed as corrective phases within broader long-term impulsive cycles [00:06, 00:22, 00:47].
• Gold Support & Upside Triggers: Gold is testing the 78.6% Fibonacci retracement support near 4100 [00:36]. Key overhead resistance zones sit at 4280–4320 and 4400 [01:44, 01:49]. A sustained breakout above 4400 exposes Fibonacci extension levels at 4490 (50%), 4580 (61.8%), and 4700 (78.6%), paving the way toward 5000 and record highs in tandem with falling US bond yields [01:56, 02:16, 02:27].
• Gold Downside Scenarios: A break below 4100 would target the 2026 yearly low at 3940–3930 (a 10-year resistance-turned-support zone) as a dip-buying level [02:33, 02:53]. Losing the yearly low would trigger a ~500-point drawdown to the 38.2% retracement at 3400 (2025 resistance zone) [03:31, 03:53]. Daily RSI shows oversold momentum and higher lows, maintaining a technical floor [04:14].
• Silver Support Structure: Silver is holding above its 61.8% retracement and the 60 psychological level [04:30]. A break lower targets the 78.6% level at 58–57.70, followed by the yearly low at 54–54.50, both viewed as dip-buying zones [05:01, 05:32].
• Silver Downside Breakdown: A break below the 54 yearly low risks a drop through the 50 level toward 46 (October 2025 lows), aligning with a multi-decade confluence zone and 61.8% retracement of the 1930–2026 advance [05:49, 06:00, 06:12].
• Silver Upside Path: Overhead hurdles are 63.60–64 and 65.70–66 [07:00, 07:05]. Clearance above 66 opens targets at 67.40, 69, and 71.40–72, above which triple digits and record highs come into view alongside a broader market risk-on tone [07:13, 07:29, 07:37].

Trade ideas

• None stated. The presenter did not put forward specific execution parameters, focusing instead on structural dip-buying zones and breakout levels across both metals.

Levels and data cited

• Gold Support: 4100, 3940–3930 (2026 yearly lows), 3400 (38.2% Fibonacci retracement / 2025 resistance).
• Gold Resistance & Targets: 4280, 4320, 4400, 4490 (50% Fib), 4580 (61.8% Fib), 4700 (78.6% Fib), 5000 (Target / Record highs).
• Silver Support: 60, 58–57.70 (78.6% Fib), 54–54.50 (2026 yearly lows), 50, 46 (October 2025 lows / multi-decade 61.8% Fib).
• Silver Resistance & Targets: 63.60–64, 65.70–66, 67.40 (50% Fib), 69 (61.8% Fib), 71.40–72, Triple digits / Record highs.

Risks and what would invalidate this

• Gold Trend Invalidation: A sustained breakdown below the 2026 yearly lows (3940–3930) would invalidate the immediate bullish thesis and trigger a steep correction toward 3400.
• Silver Trend Invalidation: A breach below the 2026 yearly lows (54–54.50) would risk an extended drawdown toward the 50 and 46 levels.