goldenBear88

Closing my set of Sells with huge Profits, engaging another set

Short
TVC:GOLD   GOLD CFD's (US$ / OZ)
I have closed my set of Sells with huge Profits from #1,638.70 till #1,590.70 (#48$ difference) and engaged new set of Sells with #1,540.80 as an first Target and #1,510.80 as an final extension. The current strong decline on the #1,590.70 Higher Low came as no Technical surprise as it is next to the Daily market bottom (February 20th). Gold is trading on my predicted values and next step should be #1,540.80 since #1,595.70 Support was broken more than once. Gold is falling on combination of Stocks rise on monthly High and Bearish pressure of rising DX. Probability of breaking the #1,595.70 Support and Bearish extension was #79%. Resistance (now Support) #1,595.70 was broken 3 times from February #12 and only once rejected the price-action (Rejection was on March #2). #18. February, #13. and #24. March price-action broken the Resistance (now Support). What is also worth noting is that both correlating assets are adding decent Bearish pressure on Gold. Doors are open for Bearish fractal and #1,510.80 is surely on the cards. Congrat's for Traders who followed my Sell call and I advise them to keep Selling Gold. Enjoy the Profits!

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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.
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