FX.co ★ Modèles réels. Analyse technique et recommandations de trading

The Double Bottom pattern has been formed on GOLD M15. Characteristics: the support level 2322.39; the resistance level 2332.19; the width of the pattern 980 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 978 points.

According to the chart of M5, GOLD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 2327.86, the lower border is 2324.32. The signal means that a long position should be opened above the upper border 2327.86 of the Bullish Rectangle.

The Double Top pattern has been formed on GOLD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 2324.74 is broken, the downward movement will continue.

The Double Top reversal pattern has been formed on GOLD M15. Characteristics: the upper boundary 2327.51; the lower boundary 2321.99; the width of the pattern is 531 points. Sell trades are better to be opened below the lower boundary 2321.99 with a possible movements towards the 2321.76 level.

The Triple Top pattern has formed on the chart of the GOLD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 2322.21/2326.82 with the upper limit 2330.43/2330.48; the projection of the width is 822 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 2322.21, the price is most likely to continue the downward movement.

The Double Top reversal pattern has been formed on GOLD M5. Characteristics: the upper boundary 2330.43; the lower boundary 2322.21; the width of the pattern is 804 points. Sell trades are better to be opened below the lower boundary 2322.21 with a possible movements towards the 2322.06 level.

According to the chart of M15, GOLD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 2299.67, the lower border is 2296.31. The signal means that a short position should be opened after fixing a price below the lower border 2296.31 of the Bearish Rectangle.

The Double Bottom pattern has been formed on GOLD M15; the upper boundary is 2298.56; the lower boundary is 2296.31. The width of the pattern is 205 points. In case of a break of the upper boundary 2298.56, 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.

The Double Top pattern has been formed on GOLD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 2303.88 is broken, the downward movement will continue.

On the chart of GOLD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 2317.34; the lower boundary 2315.06; the width of the pattern 228 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 2314.91 level.