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Actual patterns
Bullish Symmetrical Triangle
The Bullish Symmetrical Triangle pattern has formed on the GOLD M5 chart, signaling a likely continuation of the trend. Its upper boundary passes through 3912.85/3902.81, while its lower boundary passes through 3890.72/3902.81. The pattern width is 2213 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 3902.81 could send the price toward 3902.96.
Double Bottom
The Double Bottom pattern has formed on the GOLD M5 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 4011.10. The projected move is based on the pattern width of 2411 points.
Double Bottom
The Double Bottom pattern has formed on the GOLD M5 chart. Its support is at 3996.08, its resistance is at 4012.44, and its width is 1636 points. A break above resistance may confirm a trend reversal, with the first target projected 1654 points away.
Double Bottom
The Double Bottom pattern has formed on the GOLD M5 chart. Its support is at 4021.65, its resistance is at 4037.27, and its width is 1562 points. A break above resistance may confirm a trend reversal, with the first target projected 1523 points away.
Double Bottom
The Double Bottom pattern has formed on the GOLD M5 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 4068.40. The projected move is based on the pattern width of 3260 points.