Read Double Tops Chart Pattern

A double top pattern is a bearish trend reversal trading signal which trading signals the current upward xauusd market is about to reverse once the double tops chart pattern is confirmed.

The double tops pattern is a pattern with two consecutive peaks where the second peak is slightly lower than the first peak which signals the upward trend is losing momentum & if gold price of the xauusd falls below the support level which is the low between the 2 peaks then double tops pattern is considered to be confirmed and the gold price of the xauusd changes to a bearish trend.

How to Read Double Top Chart Pattern - Read Double Tops Chart Pattern