goldenBear88

Closing my Selling order / #49 Profits row

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
As discussed throughout my morning's commentary: "My position: As Price-action tested #1,920.80 Support throughout yesterday's session and reversed on more of #25 points upwards (triggering my breakeven Stop-loss in the meantime), I have engaged new Selling order with #1,943.80 as my entry point. Sequence continues to depend strongly on how DX fares into coming sessions which will decide Gold's next move. If U.S. GDP delivers decent numbers for DX recovery, it is Natural to expect Selling action on Gold . Keep in mind that Gold's Price-action is isolated within Rising Wedge able to convert into Bullish flag , I still believe that Support zone of #1,918.80 - #1,921.80 will be tested again since every Top that Gold delivers is firstly corrected, then later on Price-action continues soaring. It is important to note that Gold is on non-stop rise since November #4 and the sequence has to be over sooner or later (regardless of the Fundamentals), where huge drop will occur on the aftermath."


I have closed my Selling order Intra-day (#1,943.80 - #1,924.80) on a fine #19 point Profit run, extending my results range to #49 Profits row and #12 Stop-loss hits regarding April - January cycle. Besides Trades I am mentioning here, I am operating with many other win's (Intra-day additional Trading opportunities) which I am not announcing. I will use this chance to congratulate Traders who followed my call and had patience to hold the order throughout GDP announcement, well done!


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