GOLD Primary Cycles
The start of the new year brings in the new Primary Cycles for 2016
Gold remains in a Bear Trend as the 4th Quarter supported price, but now that Support has disappeared and dropped down to 1007, and that's where I think GOLD is heading.
It's currently in a Breakout of the 2015 lows, so as part of the Dilernia Principle, it should extend downwards.
Keep an eye on the Price of Gold and the Australian Market, if both are hitting their 2016 lows, it's probably a good time to be moving back into commodities and the Australian Market.
SILVER Primary Cycles
Silver nearly reached it's 2015 low target in the last month of the Year, but it's likely to move down into 12.93-13.00 in the 1st Quarter of 2016.
Should be a good time to be moving back into Silver around those levels.