logo

FX.co ★ GOLD M5: Double Top

GOLD M5: Double Top

Double TopOn the chart of GOLD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 4342.40; the lower boundary 4338.60; the width of the pattern 380 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 4338.45 level.
The M5 and M15 time frames may have more false entry points.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction
Go to the patterns list Go to graph