Closing my both orders with ProfitAs discussed throughout my yesterday's session commentary: "My position: I have expected a correction but personally not too extended below #2,752.80 benchmark throughout yesterday's session as I missed my chance to Sell Gold. However I have Bought Gold with #2,732.80 entry point, and added another Buying order on #2,742.80. On first order I have Stop on breakeven and on second order Stop is a bit wider. I do expect Gold to Buy the dip however I will monitor my orders hour-to-hour basis as DX delivered spike to the upside. If #2,752.80 benchmark gets invalidated to the upside, development alone will add credence and arise Buyers."
I have closed both of my Buying orders (#2,732.80 - #2,760.80) and (#2,742.80 - #2,760.80) with excellent Profit of #28 and #18-point Profit which were excellent addition to last week's Profits. Congratulations for Traders who followed my both calls yesterday.
My position: I assume no new orders as I don't expect much from today's session due Fed Rate decision on calendar later on today. Gold will fluctuate most likely all along and since my Profit range is excellent, I will not Trade the announcement tonight, only monitor it from sidelines. Stance and Technical background remains Bullish however Rate decision can change the sentiment.
