GOLD & SILVER Weekly Report 10th September 2011

GOLD Primary and Weekly cycles


Trend bias in the Primary cycle is to continue towards higher highs in October, and then push towards new highs in 2012

However, I would still like to see price retest the weekly lows in September before the trend follows the quarterly breakout pattern from July into October's highs


Silver Primary and Weekly cycles

Same applies on Silver...

Expectation of higher highs in October

but I would like to see price come down into trailing support levels that coincide with GOLD reaching the Weekly lows, before the next upward leg begins