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FX.co ★ GOLD M5: Triple Bottom

GOLD M5: Triple Bottom

Triple BottomThe Triple Bottom pattern has been formed on GOLD M5. It has the following characteristics: resistance level 1788.14/1787.95; support level 1785.58/1785.38; the width is 256 points. In the event of a breakdown of the resistance level of 1788.14, the price is likely to continue an upward movement at least to 1785.59.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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