GOLD Primary and Weekly cycles
As per previous Weekly report, my view is that GOLd and Silver will continue down towards long term support zones.
Long term buyers should once again look to be accumulating gold around the $1495 mark, but don't throw all your eggs into one basket...
Simply because long term cycles could see the price of Gold dip further during the 3rd Quarterly cycle, and that's when buyers look to BUY into GOLD around those future dynamic lows.
If you have read my book and have a firm understanding how Quarterly cycles work, then you know that I'm a firm believer of double dipping on falling prices.
Silver Primary and Weekly cycles.
I haven't waviered on my view that Silver will continue down after last years Bubble pattern.
June lows @ 25. 56 has random support during the 2nd Quarter, as it comes to an end
with long term BUY zones around the Primary cycle lows ($22.50/23.50)