GOLD & SILVER 26th January 2013

GOLD Primary & Weekly cycles

GOLD's failure to breakout of the Weekly highs & the January 50% level puts pressure on the trend to continue to fall towards long term Support levels

Silver Primary & Weekly cycles

Silver following Gold, but the Weekly 50% level will determine whether the trend continues down

or remains caught between the Weekly 50% level and the upper Weekly level @ 31.887

for the 5-days

19th January 2013 GOLD & Silver cycles

GOLD Primary & Weekly cycles

GOLD has quickly changed its trend with the switch of the Weekly cycles (Weekly 50% level), and all it needs to do is close above the January 50% level & Weekly highs.

But with the trend now above the Yearly 50% level, the Primary cycle becomes bullish again.

Silver Primary & Weekly cycles

Same applies with Silver...

The January close comes into play along with the 2013 50% level.

GOLD &Silver 12th January 2013 Weekly Reports

GOLD Primary & Weekly cycles

I still have the view that GOLD is being pushed downward from the 2013 50% level...

however, things can quickly change if January closes above those same levels

SILVER Primary & Weekly cycles

Same applies in Silver

GOLD & Silver 5th January 2013

GOLD Primary & Weekly cycles

As noted in last week's report, expectation was that GOLD would push downward into the January lows, which puts the Primary trend as bearish.

Whilst Gold remains below 1667.50 the trend bias is to continue down towards the lower Support levels.

A Robust change of trend will occur with a breakout of the Weekly highs and price trading above the January 50% level.

Otherwise keep your money in your pocket

SILVER Primary & Weekly cycles

Just as the 2012 yearly 50% level  kept the trend from rising in the last 6 months of the year, the 2013 50% level is now pushing the Trend downward, with long term support around $25.50

Things can quickly change, but it will need to breakout & close above the Weekly highs on a Friday to gather momentum.

Otherwise keep your money in your pocket.

Short-term trend guide is the Weekly 50% level @ 30.53

GOLD & Silver Report 29th December 2012

GOLD Primary and Daily cycles

Gold's primary trend is going to be determined by the 2013 Yearly 50% level, as to whether it continues higher.

However, the Monthly cycles suggest more weakness next week into the Jnaury lows...

Long term support continues to reside anywhere around 1572 and as low as 1526 (Primary Support)

Silver Primary Weekly Cycles

Same applies on Silver

With long term primary support around 25.50

GOLD & Silver 22nd December 2012

GOLD Primary & Weekly cycles

Weekly cycles in Gold has continued to show weakness, and showing far more weakness with price trading below the December lows, and often can extend lower in the following month...

The critical level continues to remain the 2013 Yearly 50% level.

Silver Primary & Weekly cycles

Same Weekly bearish patterns in Silver, along with price trading below the December lows....

Trend guide the Yearly 50% level in 2013

with long term support $25.44

GOLD & Silver 15th December 2012

GOLD Primary & Weekly cycles

Weekly cycles continue to show weakness as the price of GOLD consolidates into the new year...

The critical Trend guide in the price of GOLD is the Primary 50% level in 2013.

If GOLD is going to remain in an upward trend (Primary) then that's the level it needs to remain above

Silver Primary and Weekly cycles

Same applies in Silver, as its current Primary trend remains bearish as it's below the 2012 Yearly 50% level @ 34.51

but that can change quickly at the start of 2013

GOLD & SILVER 8th December 2012

GOLD Primary & Weekly cycles

As noted in last week's report, GOLD & Silver looks like it's going to remain tight and sideways into the end of the year.

And if GOLD & Silver is going to move higher then the 2013 Yearly 50% level is the perfect zone for the next move upwards (SUPPORT)

Silver Primary & Weekly cycles

Support resides around the 2013 Yearly 50% level

GOLD &Silver Daily report 1st December 2012

GOLD Primary & Weekly cycles

Primary cycles suggest the price of GOLD could remain sideways into the end of 2012 and the start of 2013

However, last Week's close puts next week's open below the December 50% level, which is a bearish pattern...

The critical Support level next week if this trend is going to continue higher or at least remain stable is the Weekly lows @ 1700/1697

SILVEr Primary & monthly

Same larger cycle patterns puts Silver in a tight position until the end of the year.

Sure it can continue higher, but it will need to remain above the December 50% level @ 33.12

The GOLD & Silver 24th November 2012

GOLD Primary & Weekly cycles

Gold is either going to continue to move up into the 4th Quarter highs @ 1828.46 (Resistance)

or it's going to stall below 1757.06 and consolidate into the end of the year

SILVER Primary & Weekly cycles

Resistance Yearly 50% level and next week's highs...

Support:- 33.12/33.32

current price action in the 4th Quarter looks like a potential continuation in December/January towards $37.71