Closing my Buying order with Profit / second Buy running
As discussed throughout my yesterday's session commentary: "My position: Gold's reversal chances are now negated with Trump's Tariff speculation which delivered hard blow to DX. I do expect Gold to continue soaring and if #2,727.80 gets invalidated, expect #2,752.80 benchmark to be met. Only #2,700.80 benchmark break-out can revive Sellers interest."
My first Buying order was closed with excellent Profit (#2,722.80 - #2,745.80) on a fine #23 point run which extended decent results from last week and in general. I have engaged second Buying order on #2,743.80 which is currently running and will not close order unless #2,752.80 benchmark gets invalidated to the downside.
My position: Gold is skyrocketing due DX taking strong hits due Trump's tariff speculations and as explained many times before, such development will add heavy Buying pressure on Gold. If #2,752.80 benchmark holds as an former Resistance / new Support, #2,800.80 benchmark / record High's are in motion. My #2,743.80 entry point Buying order is still running as I will keep it for more Profits. Trade according to what I wrote above.
- I do provide professional Gold consulting (signals and financial advice) as well as #1 on #1 mentorship.
- Trading Gold since #2012'.
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