As discussed throughout my morning's commentary: "My position: I have used Selling opportunity for Intra-day decline and engaged my order with #1,857.80 as an entry point, my Target is #1,831.80 Selling extension. It is important for Sellers to monitor #1,848.80 level as it may reject the Price-action."
I have closed my Selling order Intra-day (#1,857.80 - #1,847.80) with my personal minimum of #10 points in Profit, extending my results range to #15 Profits row and #1 Stop-loss hit regarding April - May cycle. As expected #1,848.80 exposed strong durability, so I secured my Profit and will await FOMC meeting minutes for more pointers. I am expecting Gold to lose more under the circumstances. Enjoy the Profit!
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