GOLD Primary & Weekly cycles
BUY zones @ 1337 held, until the June level sent it back down, as part of an overall bear trend into 2014, which has been mentioned for a number of weeks now.
The BUY zone @ 1337 will attract the price of GOLD, but it's likely to form resistance, as part of that Bear Trend.
Silver Primary & Weekly cycles
Same pattern in Silver as Gold, with the BUY zone Failing.
if we follow the breakout pattern in June, then it should continue down into July's lows @ 17.00..
if Above 19.60, then it's like to swing up into the BUY zone and July 50% level @ 21.97 and stall.