Closing my set of Sells with huge Profits

Sep 2, 2020

Analyzing Gold done right concluded my both Targets (#1945.80 and second Target #1,940.80) on this Selling Price-action leg. With #12 Profits in total within August-early September already booked, I has only #2 Stop-loss hits with maximum of #11$ as I am highly satisfied with Monthly gains. Gold dip came as no Technical surprise and even almost reached #1,936.80 Support. I would advise traders who took my Sell calls to slowly start closing the positions and executing their Sells in Profits. My after Fed projection was spot on since I knew that bigger proportion dip is ahead on Gold. On an intra-day basis Stock markets had a rejection early on which done it’s part and added Selling pressure on Gold. As long as Stock markets are trading on Highs, then the Selling pressure on Gold will remain strong. My Target was modeled partly also (besides Stock markets) after the December #2019 cycle on Bond notes (strongest semi correlation so far), which hints to the #1,695.80 Lower Low on Gold (spot) within #2 Months. Until tomorrow I will not engage any positions, will comfortably remain on sidelines waiting for new Price-action opportunity. Congrat’s to Traders who followed my calls!