GOLD & Silver 3rd January 2013 Weekly Reports

GOLD Primary & Weekly cycles

Gold is consolidating around the 2013 Yearly 50% level, whilst the Weekly cycles are showing weakness,
as price was rejected downward from the February 50% level.

Random Support around the Weekly lows.....

A failure of those Weekly lows, and the trend bias is down towards the Febraury and then the MARCH monthly lows

Silver Primary & Weekly cycles

Price patterns in Silver are slightly different, as it's above both the Primary 50% level and also the February 50% level...@

Therefore Silver is holding its head above water