Adhami
Short

Gold Mega Wave 1921 - 2015

FX:XAUUSD   Gold / U.S. Dollar
Gold             super cycle confirming that precious metal is likely to complete its first bearish leg in few months around $ 733 area as per above marking.

Will appreciate comments for contrary scenario.
Correction: Please read 38.2 % of 3 (not 38.2% of 2)
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I was wondering! I like your chart and curious how you would trade it. Will you short with a tight stop? What is the strategy?
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Adhami timwest
Thanks.

I will wait for gold to come further up around 1125-30 area then short with stop above 1150. This is going to be patience trade. I will prefer to add same quantity below current low and add half on each 50 dollar drop till around 850. Then I would book profit periodically.
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