goldenBear88

Closing my both sets of Sell orders with excellent Profits

TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold fall came as no Technical surprise as I closed my both sets of Sell orders with excellent Profits (Original one was closed on breakeven #1,908.80 - #1,900.80, and second set I engaged just few hours ago #1,918.80 - #1,900.80 with #18$ difference). Gold didn't reacted favorably to the weak E.U. data on hopes of further cutting and is back near #1,895.80 mark. On the Hourly 4 chart timeframe, Gold is still within the Channel Up so marginally Gold is still on a uptrend. This is Technically the best Medium-term Buy entry and according to Gold’s correlating assets, I expect Gold to rise to my #1,917.80 again, but since my Monthly Profit is huge, I won't jump to new position straight away. I do see however that Gold has already started reacting to this weeks Fundamental events, speculating a hike and is not affected by the rising DX or the stabilized Bond/Stock market. Congrat's for Traders who had patience and followed my call!

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