GOLD Primary and Weekly cycles
Gold continues to consolidate until the end of this Quarter, as it remains below the December 50% level.
Short-term the price action remains weak.
However, for long-term Gold traders the level that needs to be watched is the 2012 Yearly 50% level.
This level will define whether the current Bull Trend continues towards the 2012 highs
Silver Primary and Weekly cycles
Everything remains weak in Silver, as it struggles to move above a number of timeframe resistance levels in the 4th Quarter.
And if it can't breakout of the Weekly highs by the end of this month...
Then there is a good chance that Silver will be pushed down towards the Support Zone, as shown in the Primary Chart