GOLD (XAUUSD) Bull Flag & Continuation

hey guys,

it looks like gold is preparing for a retest of a current high.

during the last few trading days the price has formed a bullish flag formation
and just 1 hour ago it was violated to the upside with a bullish engulfing candle.

we now may expect a bullish continuation.

target levels:
1782.5
1787.5


p.s don't risk big.
max 0.5% risk of your depo on this setup.

Trade closed: target reached:

Check my new analysis on GOLD!!!