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)

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

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

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

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