As discussed throughout my Friday's session commentary: "My position: I have engaged re-Sell order with #2,410.80 as my entry point, optimal Target remains #2,366.80 Support in extension. My order is running in excellent Profit as I am more than satisfied with my set of Selling orders lately."
I have closed my Selling order (#2,410.80 - #2,366.80) on a fine #44 point Profit, extending my results range to #36 Profits and #6 Stop-loss hits regarding December - April's cycle. I will use this chance to congratulate Traders who followed my call and had patience to hold the order over the weekend, well done!
Technical analysis: Gold was under heavy Buying pressure and still within the Weekly chart’s (#1W) Ascending channel, Buyers are still monopolozing the Trade as Gold remains well stranded within #2,366.80 - #2,400.80 Resistance zone of mine (which I highlighted many times on previous comments). Today's pullback is only Technical on the Short-term and smaller timeframes and provides another Buying opportunity for Bulls. As I've been highlighting since the start of the Month, "Gold may stay isolated within current range for another 2 weeks - 2 Months so opportunities can continue to emerge both ways". Technically I was assured and expecting a Price-action decline as re-Sell opportunities within #2,390.80 - #2,410.80 continue to arise. Patience is required until market returns into normal condition.
My position: I am Highly satisfied with recent results and will not make more entries throughout the session, will monitor from sidelines.
I have closed my Selling order (#2,410.80 - #2,366.80) on a fine #44 point Profit, extending my results range to #36 Profits and #6 Stop-loss hits regarding December - April's cycle. I will use this chance to congratulate Traders who followed my call and had patience to hold the order over the weekend, well done!
Technical analysis: Gold was under heavy Buying pressure and still within the Weekly chart’s (#1W) Ascending channel, Buyers are still monopolozing the Trade as Gold remains well stranded within #2,366.80 - #2,400.80 Resistance zone of mine (which I highlighted many times on previous comments). Today's pullback is only Technical on the Short-term and smaller timeframes and provides another Buying opportunity for Bulls. As I've been highlighting since the start of the Month, "Gold may stay isolated within current range for another 2 weeks - 2 Months so opportunities can continue to emerge both ways". Technically I was assured and expecting a Price-action decline as re-Sell opportunities within #2,390.80 - #2,410.80 continue to arise. Patience is required until market returns into normal condition.
My position: I am Highly satisfied with recent results and will not make more entries throughout the session, will monitor from sidelines.
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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.