GOLD primary and Weekly cycles
Weekly lows catching up with price, and is an important support zone @ $1552...
Because a break of those lows will see the trend continue down into August lows, which aligns with the 3rd Quarterly support levels, as shown into the Primary chart.
SILVER Primary and Weekly cycles
Same pattern in Silver, with the Weekly lows Support...
but my view is that price will reach long term support around the 2012 yearly lows