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Gold Spot / U.S. Dollar
Long

XAUUSD - Bullish Engulfing - Strong Support Trend-line

By justinholtgrave
Updated
XAUUSD has formed a bullish engulfing candle at a very strong up-trending support trend-line. SL set below previous lows. TP set at previous highs. This is a long-term buy.
Trade active
Comment
Entered at open of market on 5/15 after the confirmation candle closed and the new daily candle opened.
Comment
Still holding. Currently +110 pips in profit.
Comment
Currently up +520 pips profit! Going exactly as expected.
Trade closed: target reached
Target reached 6/6/17. +670 pips profit!
Bullish PatternsbuyEngulfing CandleGoldLONGsupportTrend LinesXAUUSD

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