9 consecutive profits on Short positions and opening a new one!
First of all, have a great weekend fellow traders and congrats who followed me! Price went down during the week 3$ to my take profit and If you read my previous post I advised to close it if that happens - and we made a profit! Even tough the week was kind of boring for Gold, I am again on a Short position with the same Take profit. I am usual macrotrader but now will scalp a bit for a short time profits. Gold created Lower High on a Channel down, and without any major macroeconomic events next week Gold should resume the downtrend to my Take profit written on my chart. Lot's of traders and investors was hoping that this is a new Era for Gold and new strong Bullish trend, and If you want to know what to do on Gold - just visit DX chart and see the correlation. I knew that if DX does not fall under 93.75 that is not a new Bullish trend, and I was right. DX is up again which is an early sign of a Gold going down to my Take profit. Good luck and Have a great weekend!
- My official and only Telegram Channel: t.me/goldenBear88
- I do provide professional Gold consulting (signals and financial advice) as well as #1 on #1 mentorship.
- Trading Gold since #2012'.
- I do provide professional Gold consulting (signals and financial advice) as well as #1 on #1 mentorship.
- Trading Gold since #2012'.
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