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FX.co ★ GOLD M5: Double Bottom

GOLD M5: Double Bottom

Double BottomThe Double Bottom pattern has been formed on GOLD M5. Characteristics: the support level 3330.94; the resistance level 3337.55; the width of the pattern 661 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 654 points.
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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