Blased
Short

Short on XAUUSD in the near future

FX:XAUUSD   Gold Spot / U.S. Dollar
119 1 4
Monthly supply in control. Weekly supply in control. This is a major reversal that could reach opposing demand at 1100.00. There is new valid demand 124.42. This will be a great short. There are probably great nested 4 hr             levels in that demand area. There is also definitely room for a 3:1 profit target.
Nice call. I'm assuming you went short today? Are you expecting 1100 to be reached on the decline ?

I see head and should top being formed right now.
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