GOLD & Silver 4th February 2014 Monthly Report

GOLD Primary Cycles

Trend bias remains down into the long term BUY zone and the 2014 lows.

However, the short-term Monthly cycles suggests there is more short-term upside.

two possible patterns...

#1. hits the Monthly cycles highs @ 1285 and continues down

#2. above 1268 in March and GOLD could see more upside those the 2014 50% level @ 1373, which is expected to form resistance

SILVER Primary Cycles

Trend bias is down....

However, 18.78 could act as 1st Quarter support.

GOLD & Silver Reports 24th December 2013

GOLD Primary cycles

Trend bias is down into 2014 lows, as part of the break-n-extend pattern within the Primary cycles.

Breakout occurred @ 1527, and failure to hold within the monthly cycles (White channels), is now driving the Primary support level in 2014 lower.

Silver Primary cycles

Same applies with Silver...

GOLD & Silver 12th December Monthly Reports

GOLD Primary cycles

Long term trend continues to suggest price is following the primary cycles towards the 2014 lows.

If you want to get back into GOLD, then those lows are your best level to be re-thinking your long term strategy.

SILVER Primary cycles

Same applies with Silver

GOLD & Silver 2nd November 2013 Monthly Reports

GOLD Primary cycles

GOLD remains trading around the BUY zone @ 1337, but remaining range bound between the Monthly cycles.

My view still remains that GOLD continues downward.

SILVER Primary cycles

Silver continues to show the same patterns as GOLD, as it remains around its BUY zone @ 21.049

Trend bias is DOWN into LONG Term BUY zones for Silver.

GOLD & Silver 1st October 2013 Monthly Reports

GOLD Primary Cycles

GOLD remains around the BUY of 1337, as it consolidates within the monthly cycles.

It may continue to do so for the rest of the year, as it moves into 2014...

but the Primary cycles continue to suggest a Primary trend down into the 2014 Yearly lows, and long term BUY zone.

Silver Primary cycles

Silver is showing the same patterns as GOLD.

Primary trend suggests more weakness into 2014 lows (BUY ZONE)

GOLD & Silver 1st September 2013 Reports

GOLD Primary cycles

Gold has continued up into the August levels @ 1411 and stalled, helped by the ongoing troubles in the
Middle East, but in my opinion it was going to move up to that level regardless once it moves above the August 50% level.

The trend for the rest of the year is based on the September level @ 1397 (next week)...

It's either going to drift back down into the BUY zone @ 1337, as part of a larger Primary trend down into the 2014 lows....

However, there is a larger rotation that could take place that sees gold rotate upwards, as part of a move towards the 2014 Yearly 50% level :- 1491 to 1526

SILVER Primary Weekly cycles

The previous report mentioned that the BUY zone at 21.049 was seen as resistance, as part of a larger Primary trend from the 2013 Yearly lows towards the 2014 Yearly lows.

That changed once price moved above the August 50% level and broke out of the Weekly highs.

Even though there could be a flight back into the precious metals because of the Middle East, and also the FED making waves about cutting back on stimulus, the Primary cycles still suggests that the Primary lows @ 2013 will form resistance and continue lower in 2014. 

GOLD & Silver 3rd August 2013 Weekly Report

GOLD Primary cycles

As noted in the Previous Report, 1337 has attracted price but has formed resistance

The Primary cycles based on the Dilernia Principle of break & extend from 1526.96 has gold moving down towards 1100, and the next long term BUY zone for Gold.

The movement downward will be defined by the August levels:- 1249.

However, keep and eye on the August 50% level, which aligns with 1337, if above, the August highs at 1411 is the short-term attraction target over the next 4-weeks

Silver Primary & Weekly cycles

Weekly lows is the Support zone, as it makes it's way up towards 21.049, which is seen as resistance.

Note:- Primary cycles suggest a break & extend pattern towards the 2014 lows around $16.00

GOLD & Silver Weekly Report 29th June 2013

GOLD Primary & Weekly cycles

BUY zones @ 1337 held, until the June level sent it back down, as part of an overall bear trend into 2014, which has been mentioned for a number of weeks now.

The BUY zone @ 1337 will attract the price of GOLD, but it's likely to form resistance, as part of that Bear Trend.

Silver Primary & Weekly cycles

Same pattern in Silver as Gold, with the BUY zone Failing.

if we follow the breakout pattern in June, then it should continue down into July's lows @ 17.00..

if Above 19.60, then it's like to swing up into the BUY zone and July 50% level @ 21.97 and stall.

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.