GOLD Primary and Weekly cycles
Trend bias is UP, as long as it remains above the Weekly lows
next week's trend guide is the Weekly 50% level
Silver Primary and Weekly cycles
Silver had a good reason to rise last week, using the Weekly 50% level as support...
However, as mentioned before, the Primary 50% level in 2012 is a major resistance zone, and may continue to act as resistance for the rest of the 1st quarter.
Weekly lows are seen as the last Support zone for the first Quarter...
anything below is open to risk of moving down towards $28.56