Deensesay

Long Term Gold Trade

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Between 5th and 31st March we saw that the Gold Market was in a downtrend but also indications that a reversal would take place due to a Double Bottom candlestick formation.

Reason For Trade Entry- Market Pullback followed by Engulfing Candle, anticipating that price will continue to rise.

SL is @Breakeven and TP1,TP2 and TP3 targets have been hit!!

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