Gold Futures 15M | Double Top Formation & Key Neckline Levels

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Gold Futures 15M | Double Top Formation & Key Neckline LevelsGold FuturesMCX:GOLD1!RitikAlphaXGold Futures (MCX) – 15 Minute Chart 📊 Price has formed a potential Double Top after a strong bullish move. 🔹 Resistance: 154,000–154,150 zone 🔹 Neckline / Support: 153,300–153,400 zone 🔹 Bullish Scenario: If price holds support and breaks the previous high → bullish continuation 🔹 Bearish Scenario: A confirmed breakdown below the neckline → bearish reversal 🔹 Confirmation: Wait for a candle close and price-action confirmation before entering. Key Takeaway: The neckline is the crucial level. Until it breaks, the Double Top remains a potential reversal pattern, not a confirmed one. #Gold #MCXGold #GoldFutures #DoubleTop #TechnicalAnalysis #PriceAction #Trading #MCX #ChartPattern #RitikAlphaX