October 5 th looked like the dollar may have printed an early daily cycle low .
However, the Shaff Trend Cycle (STC) did not recognize it as a daily cycle low.
Not all daily cycle lows correspond with a STC tag of the 25 line.
But a high percentage of tags of the 25 line on the STC are daily cycle lows.
That had me suspicious, but I wanted to see if the dollar would get an upside break out.
The dollar began to break down in the overnight.
The peak on 10/01 was exceeded by a higher high on 10/11.
An upside break would have confirmed that this was a new daily cycle.
But with the Shaff Trend Cycle not confirming 10/05 as a daily cycle low in combination of the dollar breaking down, leads me to conclude that this will be day 22. That only leaves several days for the dollar to break to a new low to print a daily cycle low.
Gold continued to correct on Monday
Monday saw gold break below the previous daily cycle low.
At day 13, gold still has 5 more days until it reaches its timing band for a low with a window that extends two weeks to print that low.
By breaking below the previous daily cycle low, gold has confirmed that this is an intermediate (weekly) cycle decline.
We should see the dollar bottom soon and the rally out of the low should send gold to its final leg down of its intermediate cycle low.
Once gold reaches its timing band, we will watch for a swing low accompanied by a
declining trend line break to confirm a new daily cycle.
Then it will be time to go shopping …
Cycle Trading 
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