GOLD & Silver 14th July 2012 Weekly Reports

GOLD Primary and Weekly cycles

Primary cycles continue to remain bearish until it reaches the Support levels...

Weekly cycles are also bearish, but if above the Weekly 50% level next week...

then there is a short-term up move towards the Weekly highs

Silver Primary and Weekly cycles

Same applies with Silver...

bearish Primary cycles, whilst next week's 50% level is the trend guide