A swing low and a close above the lower daily cycle band will signal a new daily cycle.
Gold printed a lower low on Wednesday.
The lower low on day 17 (or day 27) places gold in its timing band for a daily cycle low. A swing low and declining trend line break will signal a new daily cycle.
And if a daily cycle low forms here, that would be a very bullish development. The new daily cycle should then see gold close above the upper daily cycle band. That would signal a new daily uptrend and indicate an end of the gold bear.