Gold : Short @ 1436

• Believe that the Gold selloff is far from done. Expect we will see 1200 handle before its over.
• Monthly : Uptrend broken.
• Weekly : Downside break of long consolidation. Symmetry measurements call for a $275 move from $1525 ie around US$1270 objective.
• Daily : After the huge April collapse, this chart now suggests that retracement is over and a new down leg is beginning. At a minimum, I expect a revisit of the recent $1323 low.
• Trade : Sell stop-in below 1439 triggered. Initiated fresh short at 1436.30. Stop > 1489.