How have you been friends? I believe the market is treating you good. Gold has been on green candles to the upper territory lately, and I tell you, these dudes (gold traders traders) are cashing out good hahah!! If you are not among them, LOLS! you are damn! missing out.
So. Gold is trading currently at $4,618 at the current price during my minutes of writings. From the the way I observe the price action, It looks like Gold price will be dropping back to $4500 price level.
My recent activities was somehow crazy Hahaha!! I mean; my trade on the 13th of Jan. was damn crazy. I took 6 sell positions on Gold, and first the positions went adversely ,
But after little while, they went into profits.
So, I stepped out to grab a coffee. However, I spent like almost 30 minutes away from my sit, and when I returned, I saw these;
I had to quickly close the positions because I perceived the market was going to change into a buy program. I lose almost $50 on these positions.
So yesterday, I took another positions and carefully managing them. These positions ran into good profits to cover up my previous day loses, with extra more profits.
So I used this last trade of yesterday to recover loses, and today was my free day. No social media and no trading activities.
I just needed to update you guys on how the market is going bro. Cheers!
NOTE: Trading carries a very serious risk of losing most of your capital if not all. therefore, this article is only for educational purposes and doesn't indicate any trading advise. So please, do your own research.
Do you want to trade with the best broker in the world? Follow the link below to register your account with Exness, and deposit $10 at least using this link below , and get 50$ deposit bonus directly to your account: