goldenBear88

goldenBear88

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...

goldenBear88

Hello fellow traders. Congrats who followed my latest short position for 8th consecutive profit on Short positions. Price were on #1,181.30 yesterday which is 2$ close to my mentioned Take profit and as advised I closed my position in profits even when Gold went on another direction I expected it to go few days ago, we still managed to profit on it since it went...

goldenBear88

All previous positions were hit and now we are on another selling leg. During the day we had an rejection on bearish reversal but now we see chances of new bearish trend. DX fell a bit and eased off selling pressure on Gold but it will find it's way to be Green again and that is another chance for us to take profit on a new short position on Gold with Take profit...

goldenBear88

First of all, congratulations for everyone who followed my yesterday's #1,187.80 short Take profit, It happen today (the day after), well done! For now, #1,200 is broken and because of that we can expect Gold to go both ways, up and down and my assumption is to wait on a sidelines for day or two to see clear direction (both technical and fundamental) and then make...

goldenBear88

After 6th consecutive profit on Short positions (congrats who followed). We are again on some sideways trading for couple of days until RSI is back into normal range. DX broke new 2 year high which will add selling pressure to Gold. My technical backed-up decision is again Short position to Take profit #1,187 and expecting a new sell trend. Good luck and safe trading!

goldenBear88

After 4th consecutive profit on Short positions, I decided to open another Short position, straight to Take profit #1,199,30. Gold is on slow bullish reversal, but in cohesion with DX (DX bounced back from resistance line on 95 and soon I expect another bullish rebound) Gold will again be on Short trend and in 3-4 days, as said Gold will be on new sell trend to...

goldenBear88

After 3 profitable Short trades, I am hoping for a new bearish trend on Gold and 4th consecutive profit. Still no solid bullish signs (this upwards movement is just a small correction and before the Nonfarm Payroll - I don't think we will see any strong bullish reversal signs). DX couldn't cross 95.00 and was declined on resist line, but still it confirms that...

goldenBear88

Take profit #1,215 is hit and Gold went up as expected, but DX is still struggling to go on upper level and probably it won't succeed and that's why we will see (for a 3rd time) strong bearish bias and Gold going down to #1,214,40. I'm on Short position again, TP intact.

goldenBear88

Gold is on strong bearish trend and the price is pulled downside by USD price (Dollar Index). Gold lately lost cohesion with DX, but soon enough we will see both ends together and cohesion will be back online. My first take profit is #1,215, and after a long swing position to #1,321.