goldenBear88

Closing both sets of Buy orders with decent Profits

TVC:GOLD   CFDs on Gold (US$ / OZ)
I have closed my both set of Buy orders (#1,878.80 - #1,895.80) with excellent Profits, as I am highly satisfied with my Monthly Profits! Congrat's for Traders who followed my call! The Short-term Price-action is Neutral at it’s best as E.U. opening delivered flat movements, exactly what I have been expecting. I could spot idle movements on Hourly 4 chart with #1,851.80 clear Support, as Gold was Trading within my predicted values but uptrend took a small pause, as it was worth noting that both correlating assets were working favorably to my outlook, DX is still on a Channel Down while Stock markets found the Support and engaged the recovery. Visible though on the Hourly 4 chart, all indicators showing Bull values (Technically Gold’s fair price would be around #1,920.80) and can spot that Gold broken the Rectangle with clear Higher Low’s and Lower Highs, as I don’t need to wait for turn on DX and Stock markets. See how the very same divergence has Traded since October #7, currently (November #6) almost near the Higher High, Price-action started soaring on the Channel Up, but once the it broken the Resistance, dipped again and almost formed a new Lower Low, when Fundamentals left the main stage / which is main evidence that these are not usual Trading sessions as Gold is Trading on huge Swings lately. Then again after mentioned Low, Gold started rising until the next Bull Divergence (which means, after #1,910.80 and #1,920.70 in extension, I expect parabolic decline towards #1,750.80 test/Medium-term). All this Price-action offered a decent Buy opportunity for me, which I didn't hesitated to take. Enjoy the Profits!

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