What Happens in Gold after a Bullish Engulfing Candles Setup?

Bullish Engulfing Candle Pattern

Bullish Engulfing xauusd candles setup is a reversal candle pattern that is bullish when it appears at end of a market downward trend.

What Happens in Gold Trading after a Bullish Engulfing Candlesticks Pattern?

What Happens in XAUUSD after a Bullish Engulfing Candlesticks Pattern?

The colour of first candle-stick indicates the market trend of day.

The second candlestick should completely engulf the first candle & it should have opposite color.

For Bullish Engulfing candles setup the color of the candle should be Blue - Bullish