GOLD & Silver 6th October 2012 Weekly Report

GOLD Primary annd Weekly cycles

Whilst GOLD is above 1767 the trend bias is UP towards the October highs

if below then trailing Support resides around 1696.58


SILVER Primary and Weekly cycles

I still think Silver is moving down into the 4th Quarterly 50% level @ 31.88 ( random support)

GOLD & Silver Weekly Report:- 29th September 2012

GOLD Primary and Weekly cycles

3rd Quarter target and resistance levels will shift higher
in October @ 1830

trend guide 1767


Silver Primary and Weekly cycles

Silver could continue up into 37.72

but I think it's going to visit the 4th Quarter 50% level @ 31.97

GOLD & Silver 22nd September 2012

GOLD Primary and Weekly cycles

Gold has hit resistance, and my view is that it will try and rotate downward into the start of the 4th Quarter

Silver Primary and Weekly cycles

Silver continues to BUTT its head against the Yearly 50% level @ $34.51..

Silver may continue to trend upwards in the last week of the Quarter towards 37.90
but my view is that it will try and retest the 4th Quarterly 50% level first....

Trend guide the Weekly level @ $34.71

GOLD & SILVER 15th September 2012 Weekly Reports

GOLD Primary and Weekly cycles

moving up into Resistance levels in the 3rd Quarter

Silver Primary and Weekly cycles

completes the move into the Yearly 50% level...$34.51

Hard to tell whether there's going to be further gains in Silver towards the Quarterly level @ $37.90..

Note:- breakout of the September highs in the 3rd Quarterly will normally continue to extend upwards into the 4th Quarter & October.

GOLD & Silver Weekly Report:- 8th September 2012

GOLD Primary and Weekly cycles

GOLD looks to be heading towards the 3rd Quarter highs @ 1782

Weekly lows continue to be the trailing support zone until it gets there

SILVER Primary & Weekly cycles

September highs stalled the trend for a number of days, but the attraction towards the Yearly 50% level 34.51 is too great.

34.51 is seen as a resistance zone, and without price reaching the Primary Support zones earlier in the year, it's too hard to tell whether Silver will continue above that Primary 50% level.

GOLD & Silver Reports 1st September 2012

GOLD Primary and Weekly cycles

GOLD hit resistance but didn't make it back towards the breakout level @ 1635.

Next Week:- random resistance September highs @ 1720..

& as high as 1782 during the 3rd Quarter


Silver Primary and Weekly cycles

September highs Random resistance..32.73

and as high as the Yearly 50% level in the 3rd quarter @ 34.51 (resistance)

GOLD & Silver 25 August 2012 Weekly Reports

GOLD Primary and Weekly cycles

Gold didn't come down into the Weekly lows, which were my support level, and price has broken out of the Weekly highs and is extending up into next week's highs, which align with the August highs @ 1677-1685

Gold can continue higher, but I favour price retesting this week's breakout @ $1634

Silver Primary and Weekly cycles

Silver could continue to swing back towards the Yearly 50% level @ $35.51, but without it reaching the Weekly lows first I'm reluctant to say that Silver will continue beyond this week's highs @ 31.29. (resistance)

My view is that Silver will retest this week's breakout:- $28.52

GOLD & Silver 18 August 2012 Weekly Reports

Gold Primary & Weekly cycles

trend remain down....

weekly highs remain resistance

Silver Primary & weekly cycles

weekly highs remain resistance

GOLD & Silver 11 August 2012 Weekly Reports

GOLD Primary and Weekly cycles

A lot of resistance around 1637 & 1642

SILVER Primary and Weekly cycles

I continue to be bearish with support around the Weekly lows..

Whilst the Weekly highs & 3rd Quarterly 50% level @ $30.38 continue to be my resistance levels

GOLD & Silver 4 August 2012 Weekly Reports

GOLD Primary & Weekly cycles

Gold continues to remain flat with a downward bias...

Weekly lows are seen as a random Support zone during August

with long term support around 1502./33

Silver Primary and Weekly cycles.

Silver's long term support resides around 22.65/24.33

Whilst resistance remains between 28.40 & 30.38