Since recovering the 50 day MA, gold has continued higher.
A break above the day 15 high of 1912.00 will lock in a right translated daily cycle formation which aligns with gold being in a daily uptrend. Gold will continue in its daily uptrend unless it closes back below the lower daily cycle band.
Gold has had multiply tests of the declining intermediate trend line. These multiple test should weaken the trend line. In fact, gold pierced the declining trend line on Friday. A close above the declining trend line should send gold on a trending move.
Cycle Trading 
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