Now, Pound Sterling is supporting area in 38.2 Fib retracement zone. The start of downside Trend was 1.27240 since last year of Dec 5. Now, New government was came up. Everybody probably know that uncertainty make dollar falling sharply.
Good Luck to you!
Gold had fallen to 132x since 'Bull trap' had came out at 137x.
Now, The Divergence is completed at 135x then continue to fall.
I think Gold price will fall to 130x, maximum 127x.
if macd success to break out below 0 line, Gold will fall to 127x.