GOLD & SILVER Charts 12th September 2015 Monthly Report

GOLD Primary & Weekly cycles.

As noted in the previous two reports 1106 was a BUY zone in Gold, and it continues to support the price.

However, I'd be concerned that GOLD isn't acting like it's got the legs to continue higher.

The initial bullish pattern some weeks ago once above 1106 should have continued upwards using the September 50% level as Support for the next thrust upwards..

Instead it failed, and current support around 1106 normally only lasts for the current Quarter, which ends in a couple of weeks.

SILVER Primary Cycles

Silver should finally complete its 2013 break out pattern down into the 2015 lows by the end of the Quarter and the start of the next @ 13.55

If for some reason buyers are attracted before then, $16.00 is seen as resistance

GOLD Report 24th August 2015

GOLD Primary & Weekly cycles

There's random support around the August lows, but as also noted in the previous report, there needs to be a close above the BUY zone on Friday @1106 that's going to potentially attract more buyers. (Previous Report)

As noted in the previous report, the Friday close above 1106 was going to get buyers interested in Gold once again, and we can see that's how it's played out precisely. 

Short-term target is 1190, and as high as 1214 in September.

GOLD & SILVER 2nd August 2015 Monthly Reports

GOLD Primary & Weekly Cycles

GOLD is down into the BUY ZONE, as it completes the Primary break & extend pattern from the 2013 lows to 2015, however as noted in the previous report the shorter cycles are showing more weakness.

There's random support around the August lows, but as also noted in the previous report, there needs to be a close above the BUY zone on Friday @1106 that's going to potentially attract more buyers.

Otherwise there's 100% level further down that's got a big bullseye on it @ 976

SILVER Primary & Weekly cycles

Same pattern in Silver as GOLD....

Long Term BUY Zone at 13.55

GOLD Report 23rd July 2015

GOLD Primary Cycles

Gold has finally completed the break & extend pattern in the Primary cycles from the 2013 breakout down into the 2015 lows.

This is a MAJOR Buy zone in the Primary Cycle, however in the smaller cycles there are currently minor break and extend patterns playing out at the same time that can see more downside.

Short-term:- we would need to see Gold close back above  1106 on a Friday, and then use the same level the following week as support.

Any further weakness in GOLD as it follow the short-term cycles could see GOLD push as low as 975.40.

Next Update will be at the end of this month  

GOLD & Silver Monthly Reports 4th July 2015

GOLD Primary & Weekly Cycles

Random support July lows, but likely to continue down in the 2015 lows, as part of the 2013 breakout pattern towards the following Primary Cycle lows.

Silver Primary Cycles

Silver still consolidating around last years BUY zone.

Normally in a robust Primary Cycle BUY pattern price should be heading upwards and now trading above the 2015 50% level by the start of the 3rd Quarter.

It's not, therefore don't be surprised to see Silver down towards 13.55.

Stay long from last year's BUY zone, but know where it's potentially going:- $13.55

GOLD Report 8th JUNE 2015 Monthly Report

GOLD PRIMARY

Page 34 of Market Trading Market Timing...

Use Sequential ordering of pattern formations

1. Apply the trend identification Model

2. Identify Support,Resistance, & Trends

3. Identify the change of Support & Resistance with the use of TIME

4. Forewarn & Foretell the likely events in the future using Principle SET-UPS

If we subscribe to the above, then GOLD will continue down into the BUY zone, and that's when you want to be getting back into this, as it completes the PRIMARY CYCLE break and extend patter from the 2013 lows

GOLD Report 25th MAY 2015

GOLD Primary Cycles

Primary cycles in GOLD suggests there is more downside in 2015 towards the lows and BUY Zone.

This is based on the Break and Extend pattern from the 2013 lows & extension towards the 2015 lows (Dilernia Principle)

GOLD & SILVER Monthly Reports 4TH may 2015

GOLD PRIMARY TREND

Still bearish on gold to complete the move from the 2013 lows into the 2015 lows (break & extend pattern) and BUY zone

Silver Primary Cycles

Silver consolidating around last year's BUY zone.

Primary Cycles remain bearish as it's below 17.45.

If long term trading on these commodities then last year's BUY remains valid, but so does the 2015 lows $13.55

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.