Going Long On Xau/Usd

Updated
Targets: 2646 & 2716

Stops: 2509

Risk to reward ratio : 1:2
Trade active
Trading in green around 2615. (+370 pips)
Trade closed: target reached
First target achieved. Closing 80% of the position here and moving stops to breakeven in anticaption of further upward movement.
Note
We just bagged 700 pips on the first target so we have to protect the gains here instead of letting greed take over.
Trade closed: target reached
Both targets achieved. Big winner
Candlestick AnalysisSupport and ResistanceTrend Analysis

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