GOLD Primary and Weekly cycles
2nd Quarterly 50% level is pushing GOLD lower...
With long term support around 1465/95.
In the Weekly cycles, GOLD has completed the minor break and extend pattern into this week's lows.
This could result in a short-term counter-trend move upwards, as it remains above the Yearly 50% level.
However, below these current lows GOLD will likely continue to trend down towards the April lows @ 1566
SILVER Primary and Weekly cycles
Primary trend suggests more weakness towards the lower Support zones @ $23.30...
That will only happen if Silver breaks the Weekly lows @ 30.70...
Therefore next week's support zones remain around the Weekly lows.
Below those weekly lows and the trend bias is to follow the monthly cycles towards the April lows @ $27.79