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First of all great bike!
Secondly, these are the tools of the trade I personally use. TOTAL DISASSEMBLY OF BIKE REQUIRED
I learned this trick when I use to collect beer cans and would clean my rusty "dumpers" . Now I use for painted and chrome bike parts and other things as well. Citric acid also plays hell on
red paints, if left too long. I use cold water to slow down the action and check periodically . After you are satisfied with the results, take the parts out, dump the pool , clean and put fresh water with baking soda to neutralize the acid . Put your parts back in the pool, let soak for a few minutes. The rinse again and again.
Like
Tinker stated clean with soap & water and use a good cleaner wax. You don't have to use Mequiars, its just what I like.
I've treated lightly rust parts chrome parts with great results. The gloves are an option, but if you have the smallest cut on your hands, Citric acid will find it
And what ever method you decide on..post some pictures of your results. Have fun with your project