Gold printed a bullish reversal off of support from the 1800 level on Tuesday. Gold delivered bullish follow through on Wednesday by breaking above the 200 day MA to close above the converging 10 day MA and 50 day MA to signal a new daily cycle low.
Gold opened under pressure on Thursday and was driven below the 50 day MA. However, gold found support at the 10 day MA and recovered. Gold ended the day forming bullish reversal and closing back above the 50 day MA signaling that this is day 2 for the new daily cycle.
Cycle Trading 
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