Gold with a very bullish move today as the USD have rolled over into another low. Price has moved above the 10ema and a close above 1200 would very likely be the start of a new Trading or Daily Cycle. This would be day 2 with the TC Low last Friday.
My intra-day chart on GLD shows the close up price action. Silver also continues to look very strong out of its recent low. If last Friday was the TC Low, the setup is quite bullish, IMO. It also shows why the shorter term Trading or Daily Cycles may not be worth trading around.
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