GOLD Primary and Weekly cycles
Trend bias is to continue higher, as it follows the Weekly cycles.
Those who are long, you don't want to see GOLD spend any time below the November 50% levels...
especially in the last week of this Month.
SILVER Primary and Weekly cycles
Silver continues to struggle to move higher, as the 4th Quarterly 50% level continues to resist the trend from rising.
Bullish pattern will see price rise up from the Weekly 50% level and breakout of both the Weekly highs and Quarterly 50% level.
Bearish pattern would be based on the same rising pattern, but the Weekly highs stalls the trend from rising and price is pushed back below the November 50% level, and the following Weekly 50% level (the week after next).
As I have been saying for a number of weeks, Silver looks much better a lower prices....(Weekly lows Random support)