Cycle Trading

The dollar continued higher on Thursday, printing a higher daily cycle high.

The daily cycle is now at 19 days and should find a daily cycle low over the next week.

While the dollar printed a higher high, bonds printed a lower high and lower low

Bond should also find their dailycycle low over the next week.
With a day 16 peak, bonds should form a right translated daily cycle.
The expectation would be for the next daily bond cycle to print a higher daily high.

Gold formed a swing high today.
Of course it would be nice it gold only went straight up.
If the daily cycle low of 1555.10 is lost then that would signal a failed cycle.
Otherwise this is just noise.

Gold did have a strong buying on weakness print.

The gold’s daily cycle is still young.
There is a strong buying on weakness print.
The dollar and bonds are about to roll over into their respective daily cycle declines.

Unless the daily cycle low for gold is lost, we will need to ride this out…

At this point we