FX.co ★ GOLD M5: Double Bottom

The Double Bottom pattern has been formed on GOLD M5; the upper boundary is 2574.22; the lower boundary is 2569.17. The width of the pattern is 534 points. In case of a break of the upper boundary 2574.22, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.