Closing my Buying order Intra-day with Profits / #3 Profits run

12 апр. 2022 г.

As discussed throughout my morning's commentary: "As of now, I was ready to Buy Gold towards #1,970.80 extension (strong Resistance and possible rejection point), but both correlating assets are Trading on aggressive uptrends which may add Selling pressure on Gold any moment, invalidating my order. I will await Core CPI , High impact announcement and then make my move with more clarity."


I have closed my Buying order Intra-day (#1,960.80 - #1,972.80) on fine #12 point move. I am currently on #3 Profits row regarding April's cycle. Congratulations for Traders who followed my call and had patience to hold the order, well done!


If Gold closes the session above the #1,970.80 Short-term Resistance, Price-action may be Targeting #1,992.80 in extension on the aftermath, which represents decent Target for Gold's Buyers.