We are right at the 6-year-old-long-term-Downtrendline (log-scale) and tried to break it; First it fail, yesterday the retest, and it failed again with a lower High (montly close);
Now we have reasons:
PATTERNS for the Trendchange
(look at smaller timeframes and zoomed charts below the idea)
STRONG RESISTANCE (between 1320-1330 as it is yearly high,...