FX.co ★ GOLD M5: Triple Top

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 2668.63/2669.60 with the upper limit 2672.31/2672.98; the projection of the width is 368 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 2668.63, the price is most likely to continue the downward movement.