The dollar is catching a bid in the overnight.
The dollar has now managed to form a swing low.
The dollar is right up against the accelerated (black) declining trend line.
A break above the red declining trend line confirms a new intermediate cycle.
Gold has already printed a slightly higher high.
As you can see, gold has been coiling over the past 4 days.
Today we will witness the bulls and bears renew their battle
$ finally got some nice dynamics + swinged just after I called it anemic.. Now gold futures is down ttest support at 1775. (I guessed it would, and just shorted 1 contract for 360$ gain). It is now bouncing off that level, but that expected, and the minutes ahead will show if its just a dead cat. Through that price means $ has won short term.
Gary Savage believes that the dollar is in a bear flag and will drop soon, not go up.
He just might be right, I’ll explain in my report
Cycle Trading 
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