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

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

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

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

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