Three Quick Updates: Gold and Silver, Crude Oil, Bitcoin
#313 | One email, three short updates, and the price and time targets met so far.
Introduction
One event runs through all three of these markets right now. The US-Iran risk premium that built up since spring came out in mid-June, and you can see it in the tape: gold and silver lower, crude well off its peak. Bitcoin working toward its target.
So instead of three separate emails, here are three short updates in one. Each scores a prior call and resets the level I’m watching. The links take you to the full post for each.
Targets met so far
Three calls have come in close to schedule, which is the reason for this recap.
Gold: the price and time resistance I set for the end of January 2026 held. Gold squared out near January 29 and has since broken the Saturn 1x1 line at 4,392. Time and price both met at the high.
Crude: the spike target and the timing both met. Brent ran past $100 into the 118 to 126 zone (the April 14 note caught 127.61 intraday) and turned in the April 9 to 19 window, on the Mars-Saturn marker and the Jupiter-Saturn inversion I had drawn.
Silver: the premature-breakdown call met. Price threw back inside the triangle and rolled over from the late-May high, the path the 82% Bulkowski reading pointed to. The point-D price target near 55.460 is still ahead, into late June.
Bitcoin is the one still in progress. Price sits inside the June to October window but above the 54,000 target, so there’s nothing to score there yet.
Gold and silver
Gold has turned from the January 29 high and broken its Saturn 1x1 line, with the chart asking whether this marks a 4-year cycle low. Silver did what the May work pointed to and rolled over from its late-May high, tracking toward the 55.460 zone into late June.
Read the full update here: The Risk Premium Comes Out (#310)
Crude oil
This is the clearest scorecard of the three. The spike call pointed to $100 and up, the high ran into the 118 to 126 zone, and Brent has since fallen about 37% toward today’s 79.85. From here I’m watching the foldback toward 61.960, with 86.720 the line that would say the premium is rebuilding.
Read the full update here: From the April High Back Toward Normal (#311)
Bitcoin
Bitcoin is inside the June to October window near 64,200, above the 54,290 to 52,552 target, approaching the Mars-Uranus conjunction of August 1. A break of the channel opens that zone. The Mars-Uranus timing rests on one past instance, so I’m giving the chart more weight than the count. If the foldback from the crest continues, this may not be the final low.
Read the full update here: Inside the 4-Year Low Window (#312)
Conclusion
Three markets, one driver: the premium unwinding after the preliminary peace headlines. Gold has turned from its January square-out, crude ran its spike and reversed on the April timing, and silver broke down as the volume said it would. Bitcoin is the one still inside its window, with the price target ahead.
All three fall inside the late-September into October cycle zone from the mid-year forecast, so the autumn turn is the one I’m tracking across the board.
This is my bias for now. Always keep in mind that cycles can contract, extend, or invert, and anomalies can arise. So, be careful out there. No advice.
Remember, cycles can contract, extend, and invert. I may be wrong, of course. Anomalies can occur, fundamentals can shift, so be cautious.
In case you haven’t noticed, I post various charts in the Substack notes every week. You can find them all here. (click on the link)
P.S.: Each of the three posts gets its own follow-up the moment its level breaks. Subscribers get those by email from the day they join.
If you liked this post from @Fiorente2’s Blog, why not restack and share it?
© 2008–2026 Fiorente2.com. All Rights Reserved.
Disclaimer: This analysis is for informational and educational purposes only and should not be considered investment advice. Read our full disclaimer.
Disclosure: From time to time, I may hold positions in the securities mentioned.