According to analyst Avi Gilbert, gold and silver are approaching the final point of the current long-term cycle. The year 2026 will be a turning point towards a multi-year decline.

According to experienced technical analyst Avi Gilburt, gold and silver may be approaching the final chapter of their current long-term cycle, and the year 2026 could be a potential turning point that may lead to a multi-year decline.

In an interview first published by Kitco News and authored by Niels Christensen, Avi Gilburt, founder of Elliottwavetrader, claimed that the powerful price rise in precious metals from the lows of 2015–2016 is nearing exhaustion. Although prices for gold and silver may still rise in the coming months, Gilburt warned that investors should think defensively rather than extrapolate recent gains indefinitely.