Right now, I'll focus on selling rallies against the key levels above, any rally is a sell, but if not offered, we can look for lower timeframe trend signals as well.
Until price tests the low support below, I'd discard any kind of reaction.
I'll be trading this pair extensively, it's setting up for some excellent trade setups in the coming weeks.
Now, we have pending downside and plenty of time, but keep in mind these yearly levels:
Oil vs gold spread at record levels, S&P500/Gold ratio chart touched the monthly Bollinger Bands lower band...
I think we'll see 105-106, based on the time at mode signals on chart, and the reaction to the new FOMC minutes key level.
Upon closer inspection I detected an 8h chart time at mode downtrend, the weekly bar tells a story right now, went high after the open, then turned down and will close as a bear bar.