GOLD M5 Triple Bottom

The Triple Bottom pattern has formed on the chart of GOLD M5. Features of the pattern: The lower line of the pattern has coordinates 1778.16 with the upper limit 1778.16/1775.43, the projection of the width is 374 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 1774.42, the price is most likely to continue the upward movement.