goldenBear88

19th profit in a row and close to final Take profit #1,180.30

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
Hello fellow traders! Booked 19th profit in a row, Take profit 2 # 1,198.30 hit as the price aggressively broke through every support level on Hourly chart. The Daily channel also broke downwards and the Weekly Higher Low trend line that supported the recent uptrend was also crossed at #1,199, restoring the bearish action on Weekly chart. My final Take profit remains 1,180.30. All long term correlations (DX, USDCNY on new yearly High amd USDJPY near its 114.57 yearly High) point that way. Remember that such correlations are what kept us on the right track during the recent stock market turmoil that distorted Gold's fair technical value and confused traders. We have nearly completed a +50 point profit run since the #1,246 High 13 sessions ago, booking 19 profits in a row. Congrats who followed and let's finish this final Take profit and Book 20th profit in a row!

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