FTE1995

GOLD - Possible Triple Bottom reversal forming, 1510 neckline

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
- As shown in the chart gold may be forming a triple bottom bullish reversal pattern
- Formed three distinct, evenly spaced bottoms each forming around the 1485-1490 support zone
- The neckline of the pattern can be seen at the 1510 level, clearly acting as resistance

** For this pattern to be validated price would need to break and hold above the indicated neckline level @ 1510
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