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FX.co ★ GOLD M5: Double Top

GOLD M5: Double Top

Double TopThe Double Top reversal pattern has formed on the GOLD M5 chart. Its upper boundary is at 4071.41, its lower boundary is at 4053.67, and its width is 1782 points. A short position may be considered below the lower boundary at 4053.67, with a potential target at 4053.52.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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