Gold & Silver Reports 4th October 2015

GOLD Primary & Weekly Reports

Current support around 1106 normally only lasts for the current Quarter, which ends in a couple of weeks. (Previous Report)

As we have seen 1106 continues to support GOLD, without providing the thrust upwards that I noted in the previous report.

We can see now that the support @ 1106 has less reason to hold, as it slips further down to 1094.

However, whilst above 1106, I'd still hold the long side of GOLD with tight stops.


SILVER Primary Cycles

I still have the view that the trend is heading down into 13.55 (BUY ZONE)

Resistance around $16.00