
On the chart of GOLD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 3341.98; the lower boundary 3336.35; the width of the pattern 563 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 3336.20 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