GOLD & Silver Report 29th December 2012

GOLD Primary and Daily cycles

Gold's primary trend is going to be determined by the 2013 Yearly 50% level, as to whether it continues higher.

However, the Monthly cycles suggest more weakness next week into the Jnaury lows...

Long term support continues to reside anywhere around 1572 and as low as 1526 (Primary Support)

Silver Primary Weekly Cycles

Same applies on Silver

With long term primary support around 25.50
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GOLD & Silver 22nd December 2012

GOLD Primary & Weekly cycles

Weekly cycles in Gold has continued to show weakness, and showing far more weakness with price trading below the December lows, and often can extend lower in the following month...

The critical level continues to remain the 2013 Yearly 50% level.

Silver Primary & Weekly cycles

Same Weekly bearish patterns in Silver, along with price trading below the December lows....

Trend guide the Yearly 50% level in 2013

with long term support $25.44
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GOLD & Silver 15th December 2012

GOLD Primary & Weekly cycles

Weekly cycles continue to show weakness as the price of GOLD consolidates into the new year...

The critical Trend guide in the price of GOLD is the Primary 50% level in 2013.

If GOLD is going to remain in an upward trend (Primary) then that's the level it needs to remain above

Silver Primary and Weekly cycles

Same applies in Silver, as its current Primary trend remains bearish as it's below the 2012 Yearly 50% level @ 34.51

but that can change quickly at the start of 2013
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GOLD & SILVER 8th December 2012

GOLD Primary & Weekly cycles

As noted in last week's report, GOLD & Silver looks like it's going to remain tight and sideways into the end of the year.

And if GOLD & Silver is going to move higher then the 2013 Yearly 50% level is the perfect zone for the next move upwards (SUPPORT)

Silver Primary & Weekly cycles

Support resides around the 2013 Yearly 50% level
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GOLD &Silver Daily report 1st December 2012

GOLD Primary & Weekly cycles

Primary cycles suggest the price of GOLD could remain sideways into the end of 2012 and the start of 2013

However, last Week's close puts next week's open below the December 50% level, which is a bearish pattern...

The critical Support level next week if this trend is going to continue higher or at least remain stable is the Weekly lows @ 1700/1697

SILVEr Primary & monthly

Same larger cycle patterns puts Silver in a tight position until the end of the year.

Sure it can continue higher, but it will need to remain above the December 50% level @ 33.12
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The GOLD & Silver 24th November 2012

GOLD Primary & Weekly cycles

Gold is either going to continue to move up into the 4th Quarter highs @ 1828.46 (Resistance)

or it's going to stall below 1757.06 and consolidate into the end of the year

SILVER Primary & Weekly cycles

Resistance Yearly 50% level and next week's highs...

Support:- 33.12/33.32

current price action in the 4th Quarter looks like a potential continuation in December/January towards $37.71
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GOLD & Silver 17th November 2012 Weekly Report

GOLD Primary & Weekly cycles

GOLD remains in an uptrend as long as it remains above the Primary cycle levels....

Support:- 1696.58

Silver Primary & Weekly cycles

Same applies with Silver's Primary cycles

Support:- 31.88

Resistance 34.51 until the end of 2012



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The GOLD & Silver Report 10th November 2012

GOLD Primary and Weekly cycles

Last Week's price action looked bearish...

but this week's price action forming a fake break of Support can often lead to further upside moves into the end of the Year.

The Trend guide remains above the 4th Quarterly 50% level

Silver Primary & Weekly cycles

The exact same applies with Silver...
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GOLD & Silver 3rd November 2012

GOLD Primary & Weekly cycles

As mentioned last week, support should have lasted 3-4 weeks, but it only lasted 1week and it's now below the 4th Quarter 50% level.

November may end up closing back above $1695.58, but at this stage it could just as easily go looking for the Monthly cycle Support zones

Silver Primary & Weekly cycles

4th Quarterly 50% level @ 31.88 has failed to hold support & along with price being driven down from the Yearly 50% level @ 34.51...

has the potential to move down towards the Support levels in 2013
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GOLD & Silver 27th October 2012

GOLD Primary & Weekly cycles

4th Quaterly 50% level is seen as support, but it could take a number of weeks to consolidate above it before it tries to rise upwards in December...

if next week closes below it then that view is obviously wrong

Silver Primary & Weekly cycles

4th Quarterly 50% level is currently supporting the trend whilst the Primary 50% level is keeping it down...

Same pattern as Gold, it could take another 3-4 weeks to decide whether it's going to rise upwards or not.
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GOLD & Silver Weekly Reports 20th October 2012

GOLD Primary and Weekly cycles

coming into major Support around the Weekly lows & 4th Quarterly 50% level @ 1695/1703

might take about 3 week's to decide whether it will make another play for the Quarterly highs later in December.

Silver Primary and Weekly cycles

Silver is now on critical support with the Quarterly cycles, after being pushed back down from the Primary 50% level @ $34.50

if October closes below 31.88 it's going to send prices lower into the start of 2013.
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GOLD & Silver 14th October 2012

GOLD Primary and Weekly cycles

Trend guide on GOLD is defined by the Monthly levels @ 1767.06.

it failed to continue higher, and whilst below that level the trend bias is to revisit the 4th Quarterly 50% level @ 1696.58

Short-term:- the Weekly level will decide whether the trend continues down or remains within the Weekly cycles


SILVER Primary & Weekly cycles

looks to be moving down into the 4th Quarterly 50% level @ 31.88
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GOLD & Silver 6th October 2012 Weekly Report

GOLD Primary annd Weekly cycles

Whilst GOLD is above 1767 the trend bias is UP towards the October highs

if below then trailing Support resides around 1696.58


SILVER Primary and Weekly cycles

I still think Silver is moving down into the 4th Quarterly 50% level @ 31.88 ( random support)
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GOLD & Silver Weekly Report:- 29th September 2012

GOLD Primary and Weekly cycles

3rd Quarter target and resistance levels will shift higher
in October @ 1830

trend guide 1767


Silver Primary and Weekly cycles

Silver could continue up into 37.72

but I think it's going to visit the 4th Quarter 50% level @ 31.97
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GOLD & Silver 22nd September 2012

GOLD Primary and Weekly cycles

Gold has hit resistance, and my view is that it will try and rotate downward into the start of the 4th Quarter

Silver Primary and Weekly cycles

Silver continues to BUTT its head against the Yearly 50% level @ $34.51..

Silver may continue to trend upwards in the last week of the Quarter towards 37.90
but my view is that it will try and retest the 4th Quarterly 50% level first....

Trend guide the Weekly level @ $34.71
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GOLD & SILVER 15th September 2012 Weekly Reports

GOLD Primary and Weekly cycles

moving up into Resistance levels in the 3rd Quarter

Silver Primary and Weekly cycles

completes the move into the Yearly 50% level...$34.51

Hard to tell whether there's going to be further gains in Silver towards the Quarterly level @ $37.90..

Note:- breakout of the September highs in the 3rd Quarterly will normally continue to extend upwards into the 4th Quarter & October.
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GOLD & Silver Weekly Report:- 8th September 2012

GOLD Primary and Weekly cycles

GOLD looks to be heading towards the 3rd Quarter highs @ 1782

Weekly lows continue to be the trailing support zone until it gets there

SILVER Primary & Weekly cycles

September highs stalled the trend for a number of days, but the attraction towards the Yearly 50% level 34.51 is too great.

34.51 is seen as a resistance zone, and without price reaching the Primary Support zones earlier in the year, it's too hard to tell whether Silver will continue above that Primary 50% level.
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GOLD & Silver Reports 1st September 2012

GOLD Primary and Weekly cycles

GOLD hit resistance but didn't make it back towards the breakout level @ 1635.

Next Week:- random resistance September highs @ 1720..

& as high as 1782 during the 3rd Quarter


Silver Primary and Weekly cycles

September highs Random resistance..32.73

and as high as the Yearly 50% level in the 3rd quarter @ 34.51 (resistance)
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GOLD & Silver 25 August 2012 Weekly Reports

GOLD Primary and Weekly cycles

Gold didn't come down into the Weekly lows, which were my support level, and price has broken out of the Weekly highs and is extending up into next week's highs, which align with the August highs @ 1677-1685

Gold can continue higher, but I favour price retesting this week's breakout @ $1634

Silver Primary and Weekly cycles

Silver could continue to swing back towards the Yearly 50% level @ $35.51, but without it reaching the Weekly lows first I'm reluctant to say that Silver will continue beyond this week's highs @ 31.29. (resistance)

My view is that Silver will retest this week's breakout:- $28.52

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GOLD & Silver 18 August 2012 Weekly Reports

Gold Primary & Weekly cycles

trend remain down....

weekly highs remain resistance

Silver Primary & weekly cycles

weekly highs remain resistance
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GOLD & Silver 11 August 2012 Weekly Reports

GOLD Primary and Weekly cycles

A lot of resistance around 1637 & 1642

SILVER Primary and Weekly cycles

I continue to be bearish with support around the Weekly lows..

Whilst the Weekly highs & 3rd Quarterly 50% level @ $30.38 continue to be my resistance levels
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GOLD & Silver 4 August 2012 Weekly Reports

GOLD Primary & Weekly cycles

Gold continues to remain flat with a downward bias...

Weekly lows are seen as a random Support zone during August

with long term support around 1502./33

Silver Primary and Weekly cycles.

Silver's long term support resides around 22.65/24.33

Whilst resistance remains between 28.40 & 30.38
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GOLD & Silver 28th July 2012 Weekly Reports

GOLD Primary and Weekly cycles

Weekly cycles suggests more upside in the short-term...

However, Primary cycles suggests that the trend could struggle to rise beyond the 3rd Quarterly 50% level (July)

I still have the view that GOLD will at least test Support levels.

SILVER Primary and Weekly cycles

I still have the view that Silver is moving lower based on the Primary cycles

Weekly highs is seen as resistance..

but with the possibility that price moves towards the August 50% level

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GOLD & Silver 21st July 2012 Weekly Reports

GOLD primary and Weekly cycles

Weekly lows catching up with price, and is an important support zone @ $1552...

Because a break of those lows will see the trend continue down into August lows, which aligns with the 3rd Quarterly support levels, as shown into the Primary chart.

SILVER Primary and Weekly cycles

Same pattern in Silver, with the Weekly lows Support...

but my view is that price will reach long term support around the 2012 yearly lows
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GOLD & Silver 14th July 2012 Weekly Reports

GOLD Primary and Weekly cycles

Primary cycles continue to remain bearish until it reaches the Support levels...

Weekly cycles are also bearish, but if above the Weekly 50% level next week...

then there is a short-term up move towards the Weekly highs

Silver Primary and Weekly cycles

Same applies with Silver...

bearish Primary cycles, whilst next week's 50% level is the trend guide
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