New Sterling/Dollar Trade

Before I discuss the trade, gold is now trading below major support (892.) We are printing money at a ridiculous rate, but maybe the market does not see that as inflationary, for some reason. Is it a head fake? I don't know yet, but probably not. If this is real, we could be looking at 804.

----------------------------------------------------

Spot Chart of the Sterling:

and now a spot chart of the Dollar:

The Dollar has hit the bottom Bollinger Band...and today we were issued a new DOWN triangle for the Sterling spot. The pair broke big support at 1.3912. Thus, I shorted 1 lot at 1.3971.