goldenBear88

Closing my Selling order with huge Profits / #2 Profits row

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
As discussed throughout my morning's commentary: My position: It seems that Inflation Fundamental Buying pressure on Gold is near exhaustion, and on current Bearish Technicals on most charts, it is dangerous to Buy Gold (unless #1,860.80 is cleared and broken violently). I took my chances and engaged Selling order (#1,846.80 entry point), with #1,805.80 Target. If Price-action rejects the Selling bias near above explained Support belt, I may alter my order there. If #1,840.80 breaks, I will move my Stop-loss on breakeven."


I have closed my Selling order Intra-day with Profits (#1,846.80 - #1,818.80) with a fine #28 point run, which makes it second Profit in a row. I will use this chance to congratulate Traders who followed my call and had patience to hold the order! Well done!

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