XAUUSD
*Trend bias = up
* Good support @ 1280
* Bullish engulfing pattern completed and we have the wicks indicative of new lows being rejected
Going long @ market price 1285.53 with
Stop loss below the lows @ 1275.84 and provisionally targeting the 1296-1300 level
Don't bet the farm and always exercise good risk management.
*Trend bias = up
* Good support @ 1280
* Bullish engulfing pattern completed and we have the wicks indicative of new lows being rejected
Going long @ market price 1285.53 with
Stop loss below the lows @ 1275.84 and provisionally targeting the 1296-1300 level
Don't bet the farm and always exercise good risk management.
Comment:
Beautiful
Trade closed: target reached