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FX.co ★ GOLD M15: Triple Bottom

GOLD M15: Triple Bottom

Triple BottomThe Triple Bottom pattern has formed on the chart of GOLD M15. Features of the pattern: The lower line of the pattern has coordinates 3343.06 with the upper limit 3343.06/3339.60, the projection of the width is 652 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 3336.54, the price is most likely to continue the upward movement.
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
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