Although this forecast might take months to be accomplished the pair is most likely to behave one of the following ways.
Either it goes down to the trendline of the pattern, consolidate and make a big move down.
Or it goes down to the trendline of the pattern, consolidate and make one last move up before going down.
I think we will have to come back to this chart...
buy @1022.11
This is also a nice alterntive for traders who are worried about USD strength as usually Gold suffers when USD gets strong. Not with this pair, at least to a less extent.
Nicea attack
Turkey
US policeman killings
....
weekend
Question is did weekend calmed everything and we play commercials short term short game or We gain momentum after channel breakout?
I see two important supports A, B and C - breakout support.
Am I wrong on this?
