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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 1751.74/1751.57; support level 1749.23/1748.43; the width is 251 points. In the event of a breakdown of the resistance level of 1751.74, the price is likely to continue an upward movement at least to 1749.40.
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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