As discussed throughout my morning's commentary: "My position: I have engaged my Selling order with #1,914.80 as an key entry point, with #1,892.80 Support extension as my optimal Target. NFP announcement is planned just within few hours, as according to the statistics (#11 negative and #17 positive surprises in the past #28 readings). I don't expect NFP to deliver forecast less than expected and this is surely the crossroads for Gold's Short-term, so realize the significance of #1,900.80 psychological benchmark. Be aware that I am operating with strict Risk management and that every time that Gold Trades against me, the loss is not so significant while I am looking at #15 - #20 point Profit range on every order I engage."
My Selling order has been closed automatically (#1,914.80 - #1,892.80) on a fine #22 point Profit, extending my results range to #51 Profits row and #14 Stop-loss hits regarding April - January cycle. NFP outcome met my expected forecast and confirmed my thesis that #1,900.80 and #1,852.80 benchmarks are Medium-term Targets of Gold. I will use this chance to congratulate Traders who followed my call and had patience to hold the order, well done!