Materials with strong correlations are prone to spin and charge instabilities, driven by Coulomb, magnetic, and lattice interactions. In materials that have significant localized and itinerant spins, it is not obvious which will induce order. We combine electrical transport, X-ray magnetic diffraction, and photoemission studies with band structure calculations to characterize successive antiferromagnetic transitions in GdSi. GdSi has both sizable local moments and a partially nested Fermi surface, without confounding contributions from orbital effects. We identify a route to incommensurate order where neither type of moment dominates, but is rooted in cooperative feedback between them. The nested Fermi surface of the itinerant electrons induces strong interactions between local moments at the nesting vector, whereas the ordered local moments in turn provide the necessary coupling for a spindensity wave to form among the itinerant electrons. This mechanism echoes the cooperative interactions between electrons and ions in charge-density-wave materials, and should be germane across a spectrum of transition-metal and rare-earth intermetallic compounds.itinerant magnetism | RKKY interaction | asymmetric line shape I ncommensurate density waves emerge in a wide variety of correlated electron systems. They are a common aspect in cuprate superconductors (1, 2), itinerant transition-metal magnets (3, 4), and rare-earth compounds (5-7), as well as low-dimensional charge-ordered materials (8, 9) and perovskite manganites (10, 11). In contrast with commensurate density waves, the incommensurate states are often electronically soft (11), and many spin and charge orders in metals are continuously tunable (9, 12). Furthermore, the incommensurate structures are often only weakly coupled to other degrees of freedom in the underlying lattice, giving rise to the rare possibility of direct theoretical modeling of a variety of experimentally accessible material systems, spanning from functional materials of technological importance (10, 11) to fundamental topics of emergent states in quantum critical phenomena (9, 12).Spin states with long-range incommensurate magnetic order may be stabilized by itinerant electrons through two distinct mechanisms. If the Fermi surface has well-nested regions, the itinerant electrons themselves typically become unstable toward the formation of a spin-density wave (SDW) (13). A prominent example of this class of materials is elemental chromium (4,13,14). Alternatively, in the presence of local magnetic moments, the itinerant electrons may form screening clouds which mediate magnetic interactions between the local moments and cause them to order through the Ruderman-Kittel-Kasuya-Yosida (RKKY) exchange interaction (5, 15).To form a nesting-driven SDW or charge-density wave (CDW) (13), it is necessary to have a nonzero coupling between itinerant electron states on opposing portions of the nested Fermi surface. In the presence of a perfectly nested Fermi surface, the required coupling strength may be inf...