FX.co ★ GOLD M15: Double Bottom

The Double Bottom pattern has been formed on GOLD M15; the upper boundary is 2318.03; the lower boundary is 2311.66. The width of the pattern is 672 points. In case of a break of the upper boundary 2318.03, 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.