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FX.co ★ Actual patterns. Technical analysis and trading recommendations

Actual patterns

2024-11-21T19:45:16
rise fall
GOLD M15
Double Top
The Double Top pattern has been formed on GOLD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 2659.97 is broken, the downward movement will continue.
2024-11-21T19:20:04
rise fall
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.
2024-11-21T18:40:31
rise fall
GOLD M5
Double Top
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 2668.63 is broken, the downward movement will continue.
2024-11-21T17:41:12
rise fall
GOLD M15
Bullish Symmetrical Triangle
According to the chart of M15, GOLD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 2659.20/2665.00 whereas the upper border goes across 2673.04/2665.00. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of GOLD will breach the upper border to head for 2665.23.
2024-11-21T15:16:27
rise fall
GOLD M5
Bullish Symmetrical Triangle
According to the chart of M5, GOLD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 2659.23/2664.98 whereas the upper border goes across 2673.04/2664.98. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of GOLD will breach the upper border to head for 2665.13.
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