Closing my Selling orders / #111 Profits row

10 בינו׳

As discussed throughout my morning's session commentary: "My position: Regardless of the Bull trend, I do believe that correction is due and #2,652.80 benchmark test is once again my Short-term Target. As stated above, NFP numbers will reveal where Price-action is headed next as I do expect upside surprise on NFP however not so strong / I will Trade the news. I do believe that #2,700.80 benchmark test is impossible without downside surprise on NFP however NFP or not, I do believe that correction is ahead and once #2,672.80 gets invalidated, Gold may deliver #30 - #40 point decline."


I have closed my first pre-NFP Selling order (#2,680.80 - #2,664.80) as I expected upside announcement on NFP numbers and second re-Sell order on #2,671.80, closed on #2,665.80 both delivering #22-point Profit, in total of #111 Profits and #22 Stop-loss hits regarding December #2023 - January #2025 Year.


My position: I have expected even stronger decline on Gold however Fundamental side (even though NFP delivered upside numbers) is delivering Bullish sustainability and keeping Short-term Bullish bias alive. I do expect that to remain Short-lived however I will not engage more regarding today's session with my capital ready for next week's Trading opportunities.