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FX.co ★ GOLD M5: Triple Top

GOLD M5: Triple Top

Triple TopThe Triple Top pattern has formed on the chart of the GOLD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 1797.06/1798.06 with the upper limit 1798.81/1798.88; the projection of the width is 175 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 1797.06, the price is most likely to continue the downward movement.
The M5 and M15 time frames may have more false entry points.
*此处发布的市场分析旨在提高您的意识,但不提供交易指示
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