Since the May IC low in the USD, its shorter term Trading Cycles have been longer than normal (over 36+ days low to low). Normally the TC Lows are 18-23 days on average.

For my preferred count, I have the USD on day 15 finding Resistance where I would expect it to move into a Trading Cycle Low between days 18-23. With the last two Trading Cycles have been quite long and often times long cycles are followed by short ones so caution is advised near term.

For the USD’s longer Intermediate Cycle, I show it topped near 3 months and should be moving into its next IC Low. Nothing on the charts looks like an IC Low to me but the USD is clearly wedging to a decision point. If price breaks above my Red downtrend line this will likely signal the USD had a very mild IC Low.

Longer term, my second chart shows the the current Price Channel downtrend that I have for the USD over the past 1+ years. Note that each uptrend during this period has been a series of Bear Flag rallies capped at either the 150ema or my the top Red line of my Price Channel.

screenshot-2016-09-10-15-33-50screenshot-2016-09-11-12-20-07

My Gold and Miner charts show that the Price action is also wedging but the Flags are Bullish in nature (so far).

screenshot-2016-09-11-12-26-40screenshot-2016-09-11-12-35-57

Previous post with 2 possible scenarios on the Gold Cycle:

https://goldtadise.com/?p=380914