CFDs on Gold (US$ / OZ)
Long

Closing my Buying order Intra-day with Profits

548
As discussed throughout my morning's commentary: "I have engaged another Buying order, with #1,855.80 as an entry point. I will keep my order all the way towards #1,870.80 - #1,875.80 Resistance zone , and if zone get's invalidated, I will close my original order (which will be in decent Profits by then), and re-Buy once again towards #1,900.80 psychological barrier. Buying currently with #1,870.80 Target extension is the most optimal Trade to take. Due to strong Volatility lately, I may move my Stop-loss on breakeven to prevent unexpected scenarios."


I have closed my Buying order with #10 point Profit (#1,855.80 - #1,865.80) which is more than enough to cover my yesterday's semi-SL hit, as I will continue Buying Gold regarding Short-term. As there is possibility for a correction, I have closed my Buying order because of security reasons, as I will continue Buying only if #1,870.80 breaks (where #1,892.80 will be the extension).

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