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