GOLD Primary Cycles
GOLD has failed to reached the BUY zone in 2014, as part of the Break & Extend pattern in the Primary cycles.
Instead it followed the secondary cycles in the Quarterly timeframe (Break & extend) into 1149.
GOLD now looks bullish as it has moved above the 2015 yearly 50% level @ 1237, which is now seen as a trend guide and support.
This trend now has the potential to rise for the next 2 years, as a minimum move.
First target 2015 highs 1368
SILVER Primary cycles 2015
BUY zone was reached in 2014 @ $16.25, as part of the Primary Cycles, break and extend pattern.
2015 50% level is now the trend guide :- $17.45
if Long on Silver then stay long