GOLD & Silver 24th February 2013 Weekly Reports

GOLD Primary & Weekly cycles

Gold is right on Primary support, but any rise upwards next week is likely going to stall around the February lows...

Monthly cycles is still showing weakness, as a breakout of the February lows can extend down into the March lows....

In a Nut-Shell, Gold needs to remain above the Primary Support @ 1532, or it's going to struggle to make any upward moves for the next 12-24 months.

Silver Primary & Weekly cycles

There's still more room to move downward into the Primary support levels