GOLD & SILVER 27TH APRIL 2013

GOLD PRIMARY & WEEKLY CYCLES

As per previous report, GOLD has continued to move up towards the 2013 yearly breakout....

trend guide 1439.50

resistance 1527/1547

SILVER PRIMARY & WEEKLY Cycles

Below Primary support levels and trend bias is to continue down into the BUY zone @ 21.0492.

It's either to continue down next week into that level, otherwise it's moving up towards the MAY 50% level, which is seen as resistance.

NOTE: THIS IS THE LAST GOLD & SILVER REPORT FOR A NUMBER OF WEEKS

Gold 18th April 2013 Daily Report

GOLD Primary cycles

GOLD has broken it's 2013 lows (breakout) and  has moved down into long term BUY zones, within the Primary cycles...@ 1337.73

Expectation is that of a swing back up towards those same lows @ $1527, which is seen as resistance.

Note:- as mentioned in the Weekly Report, this bear trend can last for 2 years, if this BUY zone can't hold, then don't touch gold until much lower prices in 2014.

Gold & Silver 13th April 2013 Weekly Reports

GOLD Primary & Weekly cycles

Gold is now extremely bearish with a breakout of Primary Support in 2013.

when we look at past patterns in Primary cycles, this downward trend could last into a 2nd year (2014)....Previous Weekly Report

And even though price could swing up from the next week's lows, those who know my work need to be aware that this breakout pattern can see lower prices in future months/Quarters until 2014.

Silver Primary & Weekly cycles

Silver is finally down into 2013 Yearly lows...

Random Support around next week's lows @ 25.52,

but be aware that below the 2nd Quarterly lows @ 27.37 could see minor cycles continue to extend lower over the coming weeks.

GOLD & Silver 6th April 2013 Weekly Reports

GOLD Primary & Weekly Report

Still trading around Primary Support, as price swings off the April lows.

It's still too early to say that the price of Gold will now rise, but the first positive sign will be a breakout of the Weekly highs @ 1617.

With tensions rising in North Korea, this could help GOLD move upwards....

However, when we look at past patterns in Primary cycles, this downward trend could last into a 2nd year (2014)

Silver Primary & Weekly cycles

Finally nearing Primary Support levels in 2013 :- $25.60 - $26.27