GOLD & SILVER Chart Reports 30th November 2015

GOLD Primary & Weekly Cycles

Long term GOLD continues to remains a BUY & HOLD.

Short-term Weekly cycles still look positive, as long as price can remain above the Weekly lows. (previous report)

It was the daily close below the Weekly lows @ 1122 and the continuation downward the very next day that set-up weakness into the 4th Quarter lows (Random Support)

There are now two short-term patterns in play in the last month of the year (December)... 4th Quarter lows @ 1054 hold, but then another way downward in 2016.

Or a  further collapse over the next couple of week towards the 100% level @ 975 ( BUY Zone)

SILVER Primary Cycles

Silver should complete the move down into the 2015 lows :- with two random support zones around 13.65 & 12.85.

The support zones are random long-term BUY zones, as the cycles do favour another push downward early in 2016.

GOLD & SILVER Report 1st November 2015

GOLD Primary & Weekly Cycles

Gold completed the break and extend pattern from 2013 into the 2015 lows and BUY zone at 1106.

However, as we can see it has hit the usual resistance zone, this time in the 4th Quarter

Long term GOLD continues to remains a BUY & HOLD.

Short-term Weekly cycles still look positive, as long as price can remain above the Weekly lows.

SILVER Primary Cycles

Silver has hit Resistance in the 4th Quarter, with the expectation it's going to follow a similar pattern as GOLD and complete the move down into the 2015 lows @ 13.55 by the end of the year.