For all the gold aficionados out there:
Xauusd PA is know for forming double top patterns on any time frame. When a double top is formed the PA sometimes breaks through the neckline violently or respects it, goes back up to form a lower high compared to the 2 tops and breaks through the neckline on the second touch.
Could this be the case now?
The double top has formed around the 2070 level, the neckline is at 1680 and a last support can be found at 1620.
Xauusd PA is know for forming double top patterns on any time frame. When a double top is formed the PA sometimes breaks through the neckline violently or respects it, goes back up to form a lower high compared to the 2 tops and breaks through the neckline on the second touch.
Could this be the case now?
The double top has formed around the 2070 level, the neckline is at 1680 and a last support can be found at 1620.