goldenBear88

Closing my Selling order with Profits / #4 Profits row

Short
TVC:GOLD   CFD sur Or (US$/OZ)
As discussed on my morning's commentary:" My position: As I am not interested in Buying on Short-term, I ruled out every Buying reversal. I will Sell on spot if #1,830.80 breaks, calling for #1,805.80 extension. Since I am more than satisfied with my Yearly Profits, my margin will allow me wider Stop-loss."


I have closed my Selling order with decent Profits (#1,831.80 - #1,819.80) Intra-day, which continues my row to #4 consecutive Profits. I will use this chance to congratulate Traders who followed my morning's call!



Technical analysis: Gold got rejected near #1,848.80 Resistance and as Bond Yields broken the Resistance (and engaged Daily chart recovery), it was Natural to expect Selling pressure on Gold. I will not make any more moves today as I will call it for the session (satisfied with what's done) as I will wait for #5 Profit extension row when #1,818.80 breaks, to utilize Bearish potential to it's maximum, where I will be ready with my Selling order to pursue #1,805.80 and below. Enjoy the Profits!

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