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

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

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.

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.