Closing my Buy order with decent Profits / #6 Profits row
Position update: I have closed my Buy order I held from last week (#1,838.80 - #1,856.80) with decent Profits as I am highly satisfied with my Monthly Profits (consecutive #6 Profits in a row). As expected, Gold engaged Buying sequence as I’ve been monitoring it throughout E.U. session. Closing above the #1,861.80 Resistance is calling for Bullish continuation. Since the Resistance broke, Gold (Xau-Usd on my commentary as always) set Target for the Daily chart #MA50, as discussed lately. The Daily candle though turned Bullish as I haven't got strong rejection so far on U.S. opening.
Bottom line: Daily chart is Bullish but practically Gold has been Trading sideways on the big scale since since September #2 (futures too) with Tops being made roughly ever #30-35 sessions so, to rule out Bearish reversal, I will wait for closing today to confirm the uptrend. I closed my position and will monitor the market from sidelines, without any urge for additional risks. Congrat's for Traders who followed my call!
Bottom line: Daily chart is Bullish but practically Gold has been Trading sideways on the big scale since since September #2 (futures too) with Tops being made roughly ever #30-35 sessions so, to rule out Bearish reversal, I will wait for closing today to confirm the uptrend. I closed my position and will monitor the market from sidelines, without any urge for additional risks. Congrat's for Traders who followed my call!
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- Few other un-official channels are not mine, they are copies using my real information (impersonating me and my work / identity) so keep that in mind and beware of those.
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