GOLD Primary and Weekly cycles
Gold continues to look weak using the lesser timeframe cycles.
However, the critical cycle begins the week after next when the 2012 Primary cycles kick into gear.
The new Primary cycle will determine whether Gold follows the same bubble pattern as Silver, and continues to move lower during the first quarter
Silver Primary and Weekly
Trend bias is to continue down into the Support levels for 2012.
In the short-term, the Weekly levels will determine whether the last week of 2011 continues down into the weekly lows...
or up towards the Weekly 50% level and towards the first quarterly 50% level (Resistance)