goldenBear88

Closing my Selling order Intra-day with Profits / #3 Profits row

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
As discussed throughout my morning's commentary: "Technical analysis and my position: Price-action came too close to the Support zone and the fact that is currently not rebounding (no Buying response) may not only be Technically attributed to mentioned Selling sustainability fractal , but also to the fact that Price-action just hit the Lower High's trendline of the Daily chart’s broken Ascending Channel (indicating strong Selling pressure currently). Since my Support belt is invalidated (statistically, #4 out #4 Support clusters break were respected where Gold always pushed for Selling extension), I followed the pattern and engaged Selling order on #1,798.80 break (entry point), as my Target is #1,770.80."


I have closed my Selling order Intra-day with excellent Profits (#1,798.80 - #1,784.80) on a fine #14 point Selling run, which makes it #3 Profits in a row. I will use this chance to congratulate Traders who followed my call!


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