goldenBear88

Closing my Selling order Intra-day with huge Profits

Kort
OANDA:XAUUSD   Guld / USA-dollar
As discussed on my morning's commentary:" Market speculators are ignoring the strong soaring on Bond Yields, but they will not manage to do so for much longer, as Gold is ready for the decline. I engaged my Selling order on #1,780.80 configuration, calling for #1,760.80 extension, while my Stop-loss is more than #15 points away since my margin can handle it (since my Yearly Profits are excellent)."


I have closed my Selling order which I engaged just few hours ago (as announced on my morning's commentary) from #1,780.80 towards #1,760.80 as my position was closed automatically, since Gold even broken the #1,760.80 Support. I am highly satisfied with my today's Profits on this #20$ point Bearish run. Congrat's for Traders who followed my call!



Since #1,760.80 is invalidated (move fueled by Bond Yields above Monthly Resistance), Gold's next destination should be #1,740.80 or less (as I stated many times on my commentary, if Gold don't recover #1,800.80, steep fall will follow on the aftermath). I am satisfied with my today's Profits and I will comfortably close the session, regardless for Traders who want to continue Selling, Sell Gold as long as Yields are above the #1,68100 Price-action. Enjoy the Profits!

- My official and only Telegram Channel: t.me/goldenBear88
- 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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