The dollar printed a lower low today. That negates the swing low printed yesterday therefore extending its daily cycle.
At 26 days, the dollar is pushing into the later part of its timing band for a daily cycle low. If the dollar manages to go lower for two more days, then this becomes a neutral daily cycle. Three more days and then it shifts to being left translated …
However, the dollar did reverse off the lower Bollinger Band today. A break above 82.39 forms a swing low.
The Miners daily cycle peaked on Tuesday and formed a swing high on Wednesday. While the Miners were up early on Thursday, they faded into the close. The Miners are in the timing band to seek out a daily cycle low. A break of the daily cycle trend line will signal that the cycle is in decline.
Thursday was day 18 for the daily gold cycle. While gold formed a swing high today, gold managed to close higher after tagging the daily cycle trend line. Gold may be waiting on the dollar to form a swing low before breaking below its daily cycle trend line.
As the dollar rallies out of its daily cycle low I expect that will knock the precious metals into their respective daily cycle declines…
Cycle Trading 
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