GLDX 60 min. & SLV 60 min. update

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This is what I have on the Harmonic wave count.Price is testing the (a) wave and can drop into the a/b zone. It appears it's a double zig/zag and were at the 2nd A. that would leave an upside rebound for the 2nd b and another down-wave for the c to finish. It could very well have a double bottom or come back for another low in the a/b zone. With silver having appeared to be finishing a Triple three, the double bottom is logical.










Silver (SLV) is completeing or has completed
a Triple three ,any farther high,lo,high, lo
we will be looking at a 5 wave impulse down.
Silver needs to kick it in gear and restore
up ward momentum. With USD having a
short term bearish signal turn this is the expected out come.

What will be interesting in the long term,
after the dollar bottoms is the PM's
actually rallying with dollar strength.
  I summarize it will be more with the anti-
Dollar's weakness than actual strength,
except for the Aussie. The Aussie has
lead/lag relationship with Gold.

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