Excellent Bearish development (negative Gap fill) as I closed my set of Sells which I engaged only few hours ago (#1,763.80 - #1,737.80) with huge Profits - also covered my last SL hit and now I am, regarding month May - on #7 Profits and #1 SL hit which is excellent ratio. I am comfortably on sidelines at the moment and will monitor developments as U.S. session opens, my aim will be to observe: will the Price-action continue the Bearish leg, or I can expect further consolidation. Bearish spikes during the past sessions were the main evidence that Gold was Trading on purely inflated prices and #1,763.80 wasn't surely the fair Technical value of Gold. This Technical setup probably gives me a hint that I am on a verge of a new Bearish leg all the way to #1,705.80, if #1,727.80 (former Resistance, now Support) breaks. Unless the trade war escalates down the road, which is a largely unpredictable factor, Gold will fall. Congrat's fo Traders who followed my calls and they can enjoy the decent Profits now, covering up last SL hit. My Monthly Profits (also Profits of my Traders and the Traders who follow me here) is really satisfying.
- 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'.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
- 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'.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.