FX.co ★ GOLD M5: Double Bottom

The Double Bottom pattern has been formed on GOLD M5; the upper boundary is 2319.30; the lower boundary is 2307.08. The width of the pattern is 1189 points. In case of a break of the upper boundary 2319.30, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.