As discussed throughout my morning's commentary: "Fundamental analysis and my position: Until now I have successfully utilized Buying momentum as current developments wiped out Traders who had intention to Sell Gold from the market. My practical suggestion would be to Buy every dip that Gold makes and if #1,952.80 breaks, (#13-Month High's) to pursue #1,982.80 in extension. Selling such Fundamentally Bullish bias is Highly dangerous."
I have closed my Buying order Intra-day (#1,952.80 - #1,968.80) with an excellent #16 points Profit run. I am more than satisfied with my current Trading results regarding January - February cycle, as I am on #16 Profits run and #2 Stop-loss hits. Congratulations for Traders who followed my call as Price-action filled it in matter of minutes, well done!
As my current Trading results are excellent, I will not engage any more orders for today's session and will monitor the developments from sidelines.
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