GOLD Apex Point Approaching; Directional Decisions approaching.

Many chart pattern enthusiasts believe that because patterns, let's just use the descending triangle in the chart as an example, tend to breakout 70% of the way to the Apex Point (the point where the support and resistance points converge), that the Apex Point still plays a relevant role in the overall price action, regardless of whether the pattern broke out bullish or bearish. I am one of those pattern enthusiasts. To preface, the Apex point just marks a point in time, it says nothing as to whether the movement will be bullish or bearish, just that one should expect a directional decision to be made.