BOREARIS

Gold (XAU/USD) Triple bottom 15 min

Gold (XAU/USD) 15 minConfirmed Oct 20, 22:30 UTC+8
LNLNLConfirmedClosedTarget 4,183.00Target 1 4,167.78Confirm 4,152.56Neck 4,147.244,118.96Invalid 4,110.28━ MA20 + Bollinger Bands ━ MA50 15 min70503048.72━ RSI ━ 9MA0-2.08━ MACD ━ MACD Signal10/20 01:4510/20 08:4510/20 14:4510/20 20:4510/21 02:4510/21 09:45
LNLNLConfirmedClosedTarget4,183.00Target1 4,167.78Confirm4,152.56Neck4,147.244,118.96Invalid4,110.28━ MA20 ━ MA5070503048.72━ RSI ━ 9MA0-2.08━ MACD ━ MACD Signal20 11:4520 20:1521 04:45

Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.

Triple bottom: Invalidated

Target4,183.00
First target4,167.78
Confirmation4,152.56
Invalid at4,110.28
Move-1.03%

Timeframe15 min
ConfirmedOct 20, 22:30
ClosedOct 21, 09:00
Duration10.8 h
Reward / risk0.72

What this tells you

Price holds the same low three times; a break above the neckline suggests buyers keep defending that level and a base may be in.

Check it on the live chart

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Swing points

PointTime UTC+8Price
LowOct 20, 09:154,115.67
NecklineOct 20, 12:154,147.24
LowOct 20, 14:154,118.52
NecklineOct 20, 15:004,136.61
LowOct 20, 18:004,111.48
ConfirmationOct 20, 22:304,152.56

Recently closed Triple bottom patterns: 4 in total, 2 reached the target first (50%), 2 were invalidated and 0 expired (small sample). Results by pattern →

Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.

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