Gold TP2 hit right on target! We just exited, and the biggest buyers are starting to turn around
The gold long position we publicly called on October 8 hit TP2 right on target this morning: entry at 4,093, take profit at 4,224. The levels were laid out in black and white ahead of time, and the script didn’t change one bit. We’d just locked in profits when bearish news came chasing after us: Kazakhstan’s central bank announced it would go from being one of the world’s biggest buyers to a seller, cutting gold’s share of its reserves by 3 percentage points. Turkey and Russia had already moved first this year. We were out by the time everyone else started panicking. The levels are calculated; the timing comes from waiting. #XAU $XAU
The gold long position we publicly called on October 8 hit TP2 right on target this morning: entry at 4,093, take profit at 4,224. The levels were laid out in black and white ahead of time, and the script didn’t change one bit. We’d just locked in profits when bearish news came chasing after us: Kazakhstan’s central bank announced it would go from being one of the world’s biggest buyers to a seller, cutting gold’s share of its reserves by 3 percentage points. Turkey and Russia had already moved first this year. We were out by the time everyone else started panicking. The levels are calculated; the timing comes from waiting. #XAU $XAU