We have been discussing gold recently here and here. Gold has finally crossed the line.
Gold crossed the declining trend line on Thursday to signal that it is in a new daily cycle. What I have discovered is that triangle consolidations obscure our daily cycle count and often causes the DCL to migrate to the apex of the triangle. Therefore we will label day 39 as our DCL making Thursday — day 3 for the new daily cycle. Gold is in a daily uptrend. The swing low formed above the lower daily cycle band which indicates that gold remains in its daily uptrend and triggers a cycle band buy signal.
Cycle Trading 
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