Gold/Silver Declining into Sept. 10/11^th Low

09/09/15 Weekly Re-Lay Alert: “Gold set its peak on Aug. 24^th – ~30 degrees from its July 24^th low and the culmination of a short-term 6-7 trading-day low-low-low-(high) Cycle Progression – and held intermediate resistance – as well as its weekly downtrend resistance – at 1165–1172.3/GCZ. (That ~30-degree low-high Cycle Progression projects a subsequent high for ~Sept. 24^th.)

That Cycle Progression produced a secondary high on Sept. 1^st (6-7 trading days from the peak) and should produce a subsequent low on Sept. 10^th or 11^th.  Gold turned its daily & intra-month trend down…and is now testing daily 21 MARC support… as well as weekly support.”  [Sept. 10^th/11^th cycle low should spur decisive rally; See 9/09/15 Alert for additional details.]