Gold and silver are currently consolidating and have experienced recent pullbacks; Preston expects silver to pull back further to possibly 2850-2950 before resuming uptrend to 3450-3500, and gold to consolidate around 2350 before breaking above recent highs toward 2500+.

forecastpending

Speaker

Mike Preston

Evidence Quote

silver hit 3250... pulled back to 2950 I think it could have downside even to 2850... I think next stop on Silver 3450... gold is sitting at 2350... I believe that the the the trend in the metals is bullish

Source

Brent Johnson: The Demise Of The Dollar Will Take Longer & More Surprising Turns Than Many ExpectAdam Taggart | Thoughtful Money®
Created: 8/12/2026, 6:41:04 PM

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