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.