GOLD Primary and Weekly cycles
If GOLD is going to continue to move upwards during February, then it shouldn't be trading below the Weekly 50% level.
next week's trend guide is the Weekly level @ 1730.
SILVER Primary and Weekly cycles
If we subscribe to the patterns in the Weekly cycles, then price should continue to move upwards using the Weekly 50% level as the trend guide and Support
However, Weekly cycles are driven by the patterns in the Primary cycles...
and as we can see, the Yearly 50% level is forming a resistance zone, and may continue to do so for the rest of this Quarter.
Anything below the Weekly lows and February 50% level is seen as extremely bearish.