This is detailed and reference should be made to will give a better understanding of the idea, also I must note from comment that gold will move to 1440, this is possible but from the chart above would move more to 1430 and return, but a good call, Note this is not a tutorial so exspect people to understand the lines and why they are there, @meszaros, some of...
At first glance you think what is Gold doing now, but when I looked a little deeper, thought yep F2 was not long enough, it needed more room, so it generated a revisit to 1516, hey presto F3
After the retest of 1480, having made its way to 1516, its now ranging between 1506 and 1516-1517 before the North bound break surpassing 1517
I can see gold bouncing of the support again at 1480, but this time hopefully will not stop at 1517.
Looking back AUDUSD may follow previous trends and have a ripid jump up.
Gold the first and original currency looks like a short from its 2011 history, but gold also makes its own history, to not forsee the long to me is incorrect, think hard about it and you start to understand, it's a has to not a could do.