goldenBear88

Closing my Selling order Intra-day / #8 Profits row

Short
TVC:GOLD   CFD sur Or (US$/OZ)
As discussed on my morning's commentary: "Bond Yields skyrocketing recovery can alter the Short-term uptrend as I have more confidence in Fundamental side at the moment. I have engaged Selling order on #1,913.80 and will pursue #1,892.80 extension, with my Stop-loss on #1,920.80 (#7 points away) and if my outlook fails, I will continue Buying. I am ready to move my Stop-loss as Price-action dips to prevent unexpected rejections (which are the new norm lately)."


I have closed my Selling order Intra-day (#1,913.80 - #1,898.80) with a decent #15 point Profit and extended my #8 Profits run and only #1 Stop-loss hit within May - early June fractal. I will use this chance to congratulate Traders who followed my call!


My position: As Bond Yields skyrocketed, it was Natural to expect Selling pressure on Gold. As I am highly satisfied with my Profits run, I won't jump onto next position, I will carefully monitor market closing and make my next move taking closing Price into consideration. I will have more with tomorrow's E.U. session candle. Enjoy the Profits!

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