Gold & Silver 13th April 2013 Weekly Reports

GOLD Primary & Weekly cycles

Gold is now extremely bearish with a breakout of Primary Support in 2013.

when we look at past patterns in Primary cycles, this downward trend could last into a 2nd year (2014)....Previous Weekly Report

And even though price could swing up from the next week's lows, those who know my work need to be aware that this breakout pattern can see lower prices in future months/Quarters until 2014.

Silver Primary & Weekly cycles

Silver is finally down into 2013 Yearly lows...

Random Support around next week's lows @ 25.52,

but be aware that below the 2nd Quarterly lows @ 27.37 could see minor cycles continue to extend lower over the coming weeks.

GOLD & Silver 6th April 2013 Weekly Reports

GOLD Primary & Weekly Report

Still trading around Primary Support, as price swings off the April lows.

It's still too early to say that the price of Gold will now rise, but the first positive sign will be a breakout of the Weekly highs @ 1617.

With tensions rising in North Korea, this could help GOLD move upwards....

However, when we look at past patterns in Primary cycles, this downward trend could last into a 2nd year (2014)

Silver Primary & Weekly cycles

Finally nearing Primary Support levels in 2013 :- $25.60 - $26.27

GOLD & Silver 23rd March 2013 Weekly Reports

GOLD Primary & Weekly cycles

Primary Support @ 1572, but any further upside needs to see a breakout of the Weekly highs,

for a 2-month trend upwards towards the Yearly 50% level.

otherwise the trend will once again move back down and test the Weekly lows

SILVER Primary & Weekly cycles

I still have the view that the trend is moving down into Primary support....

However, a move down into the Weekly lows and then a breakout of the 5-day highs, will see Silver heading up towards the 2013 Yearly 50% level once again.(Resistance)

Gold & Silver 16th March 2013 Weekly Reports

GOLD Primary & Weekly cycles

Primary cycles still holding Support, and with a change of the Weekly cycles & the Weekly 50% level could see GOLD push up towards the Weekly highs.

SILVER Primary & Weekly cycles

Primary cycles still suggest weakness towards the 2013 Yearly lows

GOLD & Silver 9th March 2013 Weekly Report

GOLD Primary and Weekly cycles

Continues to trade right on Primary support, and may continue to do so until the end of the month and the start of the 2nd Quarter.

Short-term trend defined by the Weekly 50% level, with a suggestion that it can dip down into the Weekly lows (March lows)

Silver Primary & Weekly cycles

Bearish Primary cycles towards the lower Support levels.

However, the Weekly 50% level will determine whether there is a short-term rise towards the Weekly highs & March 50% level:- Resistance

GOLD & Silver 2nd March 2013 Weekly Report

GOLD Primary & Weekly cycles

Trading around Primary cycle support...

but likely to move down into the March lows, which could provide some support that matches the larger timeframe cycle Support...

Note:- even though the current trend is bearish, it will be extremely bearish below Primary & March low Support

Silver Primary & Weekly cycles

March low support @ 27.44

but I still have the view that it is moving down into the 2013 Yearly lows around $25.70

GOLD & Silver 24th February 2013 Weekly Reports

GOLD Primary & Weekly cycles

Gold is right on Primary support, but any rise upwards next week is likely going to stall around the February lows...

Monthly cycles is still showing weakness, as a breakout of the February lows can extend down into the March lows....

In a Nut-Shell, Gold needs to remain above the Primary Support @ 1532, or it's going to struggle to make any upward moves for the next 12-24 months.

Silver Primary & Weekly cycles

There's still more room to move downward into the Primary support levels

GOLD & SILVER 16th February 2013

GOLD Primary & Weekly cycles

Bearish and heading down into Primary Support levels...

long term holders don't want to see GOLD trading below 1532, as it will be depressed for the next 2 years.

SILVER Primary & Weekly cycles

Heading down into the Weekly lows....

with the trend bias towards the long term support around $25.50

GOLD & Silver 9th February 2013 Weekly Report

GOLD Primary & Weekly cycles

Primary cycles just holding the support levels...(Yearly 50% level)

Weekly cycles  continue to show weakness

SILVER Primary & Weekly cycles

Primary cycles holding support...

but this week the Weekly cycles couldn't follow with further BUYing:- short-term weakness showing

GOLD & Silver 3rd January 2013 Weekly Reports

GOLD Primary & Weekly cycles

Gold is consolidating around the 2013 Yearly 50% level, whilst the Weekly cycles are showing weakness,

as price was rejected downward from the February 50% level.

Random Support around the Weekly lows.....

A failure of those Weekly lows, and the trend bias is down towards the Febraury and then the MARCH monthly lows

Silver Primary & Weekly cycles

Price patterns in Silver are slightly different, as it's above both the Primary 50% level and also the February 50% level...@

Therefore Silver is holding its head above water