When we look at the Weekly cycles (right chart).... there is a potential rejection pattern around the Weekly 50% level"
Previous Weekly report
GOLD Primary & Weekly cycles
GOLD is currently trading around Primary support levels, but it's being kept in check around the Weekly 50% level.
Next Week:- Gold could climb upwards if it remains within the Weekly levels (white)...
However, my view is that the next 4 weeks will continue to flip-flop around Primary support until November...
short-term weakness is based on price trading below 1637.
Silver Primary and Weekly cycles
Silver could climb upwards if it's trading above the weekly 50% level...
but hit resistance around $35.97
However, my view is that the best price to BUY silver remains around lower support levels @ $24-$25 in the Primary cycles (October lows)