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