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