Closed my set of Buys with huge Profits

3 Mar 2020

I closed my set of Buys I engaged this morning with extra-ordinary Profits! New High formed at #1,630.70 as Hourly 4 Channel Up continued rising after Fed rate report. This may suggest that the Channel Up requires small consolidation (few $ down) before it moves lower or a Higher High push further. In any case, last week's Weekly candle was so strong that it erased 50% of the gains of the previous 4. This has put Weekly chart back on Bullish track. With DX breaking below #97.10, I can't see how Gold can protect the #1,650.70 level for much longer. I booked my Profits and now enjoying the Sidelines!