Thierry Borgeat calls July the 2026 floor for gold and oil
As seen on the 24/7 Wall St. homepage on October 20, 2026.
Borgeat is calling the July low the floor for gold in 2026 and staying long bullion and miners, with the same bottom call on oil.
Key charts we published. Gold. Commodities: After the sharp H1 correction, we expected gold to form a classic summer bottom. With the July low, our suggested 2026 gold low is in place where we remain bullish gold/miners. Oil has set our suggested July low which we continue to https://t.co/sPTIh08kMF https://t.co/Jz3dW1jq98 [Quoted @ThierryBorgeat]: Welcome to the first issue of our Technical Weekly😍 The Hidden Bear Cycle & Moving into a Q4 Buying Opportunity From now on, @arvyMacroCycles takes you through the markets every week the way we have done for the biggest institutions for 20 years Here: https://t.co/ezDCnmcqyl https://t.co/Xa8gn6QLEC
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Thierry Borgeat of arvy Macro Cycles now calls the July low the 2026 bottom for gold, and he stays bullish on gold and the miners from that level. He says oil set its July low as well, framing commodity weakness as a first-half story that has already run its course.
He made the call on October 20, in the debut issue of the arvy Macro Cycles Technical Weekly.
Oil received the same treatment. Borgeat noted that oil has also set his suggested July low, though the full text of his view on the path forward was cut off in the post. The parallel structure of both calls suggests he sees commodity weakness as a first-half story that has already run its course.
The post accompanied the launch of arvy Macro Cycles' Technical Weekly, a publication Borgeat describes as bringing institutional-grade technical analysis to a broader audience. The timing of the commodity bottom calls as the debut content underlines that these are framed as high-conviction, forward-looking views rather than retrospective commentary.