goldenBear88

Closing my #1,730.80 - #1,707.80 Selling order with Profits

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
As discussed on my March #26th commentary:" My analysis filters unexpected Medium-term reversals and my model Technically aims for #1,678.80 Lower Low extension then #1,651.80 stabilization zone. I have engaged my Selling order calling for #1,700.80 extension, with Stop-loss on a bit wider range since my margin can handle it."

And with my today's confirmation:"My position: I am holding steadily my Selling order calling for #1,700.80 psychological barrier test, and I will keep holding it as long as correlating assets are Trading in my favor."

I have closed my Selling order engaged on March #26 (#1,730.80 - #1,707.80) with excellent Profits as I will use this chance to congratulate Traders who followed my call for patience to hold the position!


Technical analysis: As discussed, Gold keeps strong connection with Bond notes since they are the reason of Gold's decline I have been waiting. Hourly 4 chart Triangle is broken to the downside and I can expect #1,678.80 next if #1,700.80 gets invalidated. I will continue Selling throughout today's session if #1,700.80 gets invalidated, for now I am without a position with excellent Profits I made on current call!

- My official and only Telegram Channel: t.me/goldenBear88
- Few other un-official channels are not mine, they are copies using my real information (impersonating me and my work / identity) so keep that in mind and beware of those.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.