goldcoppersilver: 2014

GOLD Primary cycles

Primary trend is to continue towards the 2014 lows & next long term BUY zone.

But monthly cycles are projecting further gains towards the 2014 50% levels, which is seen as resistance. (previous Monthly Report)

Text Book patterns occurring in the Primary cycles, as the retest of the 2014 Yearly 50% level has formed resistance.

My view is that the trend will continue down into the 2014 lows...

April 50% level may support the price of Gold for the next few weeks, but keep an eye on the MAY 50% level for further weakness if trading below it.

Silver Primary Cycles

1st Quarter resistance @ 22.058,

with a long-term trend towards the 2014 lows, as part of the Primary Cycle & Dilernia Principle of Break & Extend.

Silver Primary Cycles

Quarterly cycles have provided Silver a reason for it to rise back into the 50% levels...

My long term trend guide still remains towards the 2014 lows & next BUY zone.

GOLD Primary & Monthly cycles

Primary trend is to continue towards the 2014 lows & next long term BUY zone.

But monthly cycles are projecting further gains towards the 2014 50% levels, which is seen as resistance.

GOLD Primary Cycles

Trend bias remains down into the long term BUY zone and the 2014 lows.

However, the short-term Monthly cycles suggests there is more short-term upside.

two possible patterns...

#1. hits the Monthly cycles highs @ 1285 and continues down

#2. above 1268 in March and GOLD could see more upside those the 2014 50% level @ 1373, which is expected to form resistance

SILVER Primary Cycles

Trend bias is down....

However, 18.78 could act as 1st Quarter support.