After the Yuan is added to the basket of currencies weighed against the USD, we will see one of 2 outcomes.
A flat gold price will NOT happen, it WILL go up or down.
The chance of it going up after it's addition is much higher than it going down.
"It" being gold.
More downside potential than upside as of today.
This looks set to change with 1325 as the first support and 1310 as the bottom-line support.
It will then climb up to 1350-1360 which confirms the road to 1420.
Please drink* responsibly.
GOLD - 20/09/2016
1 to 3 weeks : Holding above 1310/1300, still bullish to 1360/1380, upside confirmation to 1420
1 to 3 days : holding above 1310 (max 1300 in excess), resume of the recovery to 1340 first