Loading ...Gold and USD Cycles
I show Gold still chopping in a Bull Flag on day 34 of Trading Cycle 1 seeking a TC Low. The normal timing band is 24-29 days so this cycle is a bit extended. The Green trend line inside my Blue Fork is my TC1 uptrend line.
The USD has broken out of consolidation on day 17 of TC2. The move by the USD may be short lived, however, as we normally see a TC Low every 18-23 days on average.
