goldenBear88

Closed my Selling order with excellent Profits

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
As discussed on my morning's commentary: "My position: I am currently operating with Selling order, #1,800.80 as a Target as I don't have intention to change it. I am expecting #1,800.80 within #2 sessions." / I have closed my Selling order with Profits (#1,821.80 - #1,800.80) as I use this chance to congratulate to Traders who followed my call!


Gold fall came as no Technical surprise as I closed my Selling order with Profits. Gold has reacted negatively on absence of Stimulus hopes and is back above the #1,800.80 mark (Xau-Usd prices on my charts). On the Hourly 4 chart timeframe, Gold is still within the Channel Down so marginally Gold is still on an downtrend. This is Technically the best Short-term (#1 Week horizon) Selling entry and according to Gold’s correlating assets, I expect Gold to dip towards #1,782.80 if Price-action closed below the #1,800.80 mark. However, I won't be engaging anymore positions as I am more than satisfied with my Profits.

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