FX.co ★ GOLD M30: Triple Top

The Triple Top pattern has formed on the chart of the GOLD M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 2877.91/2881.41 with the upper limit 2892.66/2893.90; the projection of the width is 1475 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 2877.91, the price is most likely to continue the downward movement.