See previous explanations. This pair is finding a floor here in the 1250 area for the long to 2200. Frankly, I feel it is better to buy the physical than the leveraged asset. I have been trading gold stocks since June 1, and I've been in multiple contracts on gold futures since Friday with excellent easy stress-free trades. This is the lift off point for gold. Look at AG (silver) Look at FFMGF, Comex August Futures (still riding and has potential for several months) and of course the FX pair shown here. Cheers and have a safe Brexit. I sure hope to!