Closing my Selling order Intra-day / #6 Profits row
As discussed throughout my morning's commentary: "My position: Even though it is not my usual practise, I have been holding my Selling order (#1,943.80 representing entry point) for more than #2 sessions, expecting Selling sequence on Gold . However, throughout yesterday's session, as position didn't brought any benefits, I decided to close it near the breakeven values and observe the Price-action from sidelines. I got my capital ready and on stand-by to utilize Selling sequence which might be ahead. If #1,940.80 - #1,938.80 breaks, I will engage my Selling order towards #1,900.80 psychological barrier. Market closing below #1,952.80 adds credence to Sellers."
I have closed my Selling order Intra-day (#1,940.80 - #1,930.80) on a fine #10 point Profit run, exceeding my Profits run to #6 Profits in a row and #0 Stop-loss hits regarding April's cycle. I will use this chance to congratulate Traders who followed my call and had patience to hold the order throughout Intra-day unprecedented Volatility, well done!
Regarding Gold's Price-action, since there was enormous Buying orders offload near #1,930's, I have decided to close my order more than satisfied with today's Trading results and in addition, I will take an early weekend break. Market closing below #1,945.80 configuration is a messenger of further Selling in continuation, where Sellers may arise and test the #1,917.80 Support (former Resistance), followed by #1,900.80 psychological barrier test in extension.
I have closed my Selling order Intra-day (#1,940.80 - #1,930.80) on a fine #10 point Profit run, exceeding my Profits run to #6 Profits in a row and #0 Stop-loss hits regarding April's cycle. I will use this chance to congratulate Traders who followed my call and had patience to hold the order throughout Intra-day unprecedented Volatility, well done!
Regarding Gold's Price-action, since there was enormous Buying orders offload near #1,930's, I have decided to close my order more than satisfied with today's Trading results and in addition, I will take an early weekend break. Market closing below #1,945.80 configuration is a messenger of further Selling in continuation, where Sellers may arise and test the #1,917.80 Support (former Resistance), followed by #1,900.80 psychological barrier test in extension.
- My official and only Telegram Channel: t.me/goldenBear88
- I do provide professional Gold consulting (signals and financial advice) and Gold Trading school.
- Trading Gold since #2012'.
- I do provide professional Gold consulting (signals and financial advice) and Gold Trading school.
- Trading Gold since #2012'.
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