GOLD & Silver Weekly Reports 8th June 2013

GOLD Primary cycles

Gold remains above the BUY zone @ 1337, and I still have the view it's going to swing up into 1480, (minor resistance), and as high as 1527 (major resistance), by the end of the year.

However, it needs to begin trading above 1403 and the June monthly cycle

Silver Primary & Weekly cycles

Remains above the BUY zone @ 21.049 (just)

Resistance remains around $24.95..

Note:- both Gold & Silver are in bear trends, as they are below the 2013 Yearly lows, so there's an expectation that the trend will continue lower into 2014

GOLD & Silver 25th MAY 2013 Weekly Reports

GOLD Primary and Weekly cycles

Gold continues to remain above the BUY zone...

and if it's going to continue to rise upwards and retest the Breakout of 2013

then keep an eye on the levels in June (white) @ 1408

Silver Primary and Weekly cycles

Silver Primary cycles BUY zone was hit, and based on the levels in the Weekly cycles

my view is that Silver is going to swing upwards...

but fail to make it higher than the break of the 2013 Primary Support levels.

This Primary down trend is likely going to last into next Year.

GOLD & SILVER 27TH APRIL 2013

GOLD PRIMARY & WEEKLY CYCLES

As per previous report, GOLD has continued to move up towards the 2013 yearly breakout....

trend guide 1439.50

resistance 1527/1547

SILVER PRIMARY & WEEKLY Cycles

Below Primary support levels and trend bias is to continue down into the BUY zone @ 21.0492.

It's either to continue down next week into that level, otherwise it's moving up towards the MAY 50% level, which is seen as resistance.

NOTE: THIS IS THE LAST GOLD & SILVER REPORT FOR A NUMBER OF WEEKS

Gold 18th April 2013 Daily Report

GOLD Primary cycles

GOLD has broken it's 2013 lows (breakout) and  has moved down into long term BUY zones, within the Primary cycles...@ 1337.73

Expectation is that of a swing back up towards those same lows @ $1527, which is seen as resistance.

Note:- as mentioned in the Weekly Report, this bear trend can last for 2 years, if this BUY zone can't hold, then don't touch gold until much lower prices in 2014.

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