GOLD & SILVER Report 30th March 2015

GOLD Primary Cycles

There is still the expectation that GOLD will continue down into the BUY zone, as part of the 2013 break and extend pattern

SILVER Primary & Weekly cycles

Silver continues to remain around the 2014 BUY zone, as it has already completed the Break & extend pattern from 2013. (Primary Cycles)

However, the Primary Cycle remains bearish (below Yearly 50% level), but there is strength in smaller cycles coming into the start of the 2nd Quarter (above April 50% level?)

Even though Gold looks like it can continue lower and keep Silver flat, if Silver begins trading back above $17.45, last years's BUY zone remains valid

GOLD & SILVER Reports 3rd March 2015

GOLD Primary & Weekly Cycles

GOLD's fake move above the Yearly 50% level has all the hall marks of extending towards new lows in 2015.

It had everything going for it earlier in the year, but once it dipped below the February 50% level the bear trend has resumed

SILVER Primary & Weekly Cycles

Silver has now moved back down into our BUY zone from 2014, after the February 50% level failed to support the price of Silver.

IF Silver was going to follow a Primary move upwards after completing the 2013 breakout down into the 2014 lows. it's now not showing it.

I'd be concerned that there's now more downside to follow.

GOLD & SILVER Reports 9th February 2015

GOLD Primary & Weekly cycles

GOLD is right on the 2015 50% @ 1237, which defines the Primary Trend.

A breakout of the January highs has failed to follow a break and extend pattern in the 1st week of February towards the February highs, and therefore the bullish scenario has lost steam.

If it's going to follow my initial view of moving higher, the price of Gold needs to be trading above the FEB 50% level, otherwise it's following the Weekly cycle towards the Weekly lows, and back into a BEAR Trend.

SILVER Primary & Weekly cycles

Primary Cycles continue to push Silver lower (below 2015 50% level) as the January breakout failed to materialise.

I'm Bullish on Silver as it's completed the Break and extend patterns in Primary cycles (2014 lows BUY Zone)

However, the February 50% level @ 16.70 is the trend guide.

GOLD & SILVER 28 January 2015 Primary Cycles

GOLD Primary Cycles

GOLD has failed to reached the BUY zone in 2014, as part of the Break & Extend pattern in the Primary cycles.

Instead it followed the secondary cycles in the Quarterly timeframe (Break & extend) into 1149.

GOLD now looks bullish as it has moved above the 2015 yearly 50% level @ 1237, which is now seen as a trend guide and support.

This trend now has the potential to rise for the next 2 years, as a minimum move.

First target 2015 highs 1368

SILVER Primary cycles 2015

BUY zone was reached in 2014 @ $16.25, as part of the Primary Cycles, break and extend pattern.

2015 50% level is now the trend guide :- $17.45

if Long on Silver then stay long

GOLD & Silver Reports 1st January 2015 Yearly reports.

GOLD Primary Cycles

Previous Gold Report Primary trend is to continue towards the 2014 lows & next long term BUY zone.But monthly cycles are projecting further gains towards the 2014 50% levels, which is seen as resistance. 

 

Text Book patterns occurring in the Primary cycles, as the retest of the 2014 Yearly 50% level has formed resistance.

 My view is that the trend will continue down into the 2014 lows...

 

Gold 2015

followed the Primary cycles using the 2014 50% level as resistance, and continued lower for the rest of the year, however it failed to reach the long term BUY zone around 1113.

Current Primary cycles keep Gold in a long term down trend, and ideally I would like to see GOLD hit 1105 before committing to Buying the metal.

Silver 2015

As we can see in the previous report the expectation was that Silver would continue downward into the 2014 lows.

 Silver has now been trading around its 2014 lows @ 16.25, which has seen the price consolidate around these levels for a number of months. If Gold is going to dip lower then Silver can follow another step lower towards it's next Primary cycle 2015 lows @12.15.

If you're long from the 2014 lows (Long term BUY), then I think you're still in a good position

GOLD & Silver 7th April 2014 Monthly Report

GOLD Primary cycles

 

Primary trend is to continue towards the 2014 lows & next long term BUY zone.

But monthly cycles are projecting further gains towards the 2014 50% levels, which is seen as resistance. (previous Monthly Report)

 

Text Book patterns occurring in the Primary cycles, as the retest of the 2014 Yearly 50% level has formed resistance.

 

My view is that the trend will continue down into the 2014 lows...

 

April 50% level may support the price of Gold for the next few weeks, but keep an eye on the MAY 50% level for further weakness if trading below it.

Silver Primary Cycles

 

1st Quarter resistance @ 22.058,

 with a long-term trend towards the 2014 lows, as part of the Primary Cycle & Dilernia Principle of Break & Extend.

 

 

 

 

Silver & GOLD 3rd March 2014 Monthly Report

Silver Primary Cycles

Quarterly cycles have provided Silver a reason for it to rise back into the 50% levels...

My long term trend guide still remains towards the 2014 lows & next BUY zone.

GOLD Primary & Monthly cycles

Primary trend is to continue towards the 2014 lows & next long term BUY zone.

But monthly cycles are projecting further gains towards the 2014 50% levels, which is seen as resistance.

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