The Double Bottom pattern has formed on the GOLD M30 chart. Its upper boundary is at 4327.69, its lower boundary is at 4310.59, and its width is 1723 points. A break above the upper boundary at 4327.69 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level. FX.co ★ GOLD M30: Double Bottom
Signal strength 3 of 5
GOLD M30: Double Bottom
The Double Bottom pattern has formed on the GOLD M30 chart. Its upper boundary is at 4327.69, its lower boundary is at 4310.59, and its width is 1723 points. A break above the upper boundary at 4327.69 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade