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FX.co ★ GOLD M5: Triple Bottom

GOLD M5: Triple Bottom

Triple BottomThe Triple Bottom pattern has formed on the GOLD M5 chart. It has the following characteristics: resistance at 4322.25; support at 4312.30; pattern width of 995 points. If the confirmation resistance at 4322.84 is broken, the price is likely to continue upward by at least 1238 points.
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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