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