FX.co ★ GOLD M15: Triple Top

The Triple Top pattern has formed on the chart of the GOLD M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 4652.55/4659.28 with the upper limit 4690.13/4679.78; the projection of the width is 3758 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 4652.55, the price is most likely to continue the downward movement.