XAUUSD - Bullish Engulfing - Strong Support Trend-line
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
Note
Entered at open of market on 5/15 after the confirmation candle closed and the new daily candle opened.Note
Still holding. Currently +110 pips in profit.Note
Currently up +520 pips profit! Going exactly as expected.Trade closed: target reached
Target reached 6/6/17. +670 pips profit!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.