GoldKing110

GoldKing110

GBP/USD Chart Summary (1H) Pattern: Double top / Lower high setup Key Resistance: 1.3401 Key Support: 1.3249 Bias: Bearish Plan: Price rejected from resistance; expecting pullbacks and continuation to the downside toward 1.3249.

GoldKing110 Updated 

Chart Type: 1-hour chart for Gold (XAU/USD) What it shows: Price was falling (yellow arrow) and hit a support zone (green area). At support, the price reversed and started rising. Now, the price is forming a triangle pattern (blue lines). If it breaks above the triangle, the price may go up toward the resistance zone (red area at the top). Target price:...

GoldKing110 Updated 

Previous Channel Break: The price was moving in a rising channel (blue parallel lines). A breakdown occurred, indicating bearish momentum at that point. BSL (Buy-Side Liquidity): The chart marks a level labeled BSL, which typically refers to liquidity above a previous high that has been swept (liquidity grab or stop hunt). Price moved above this area and then...

GoldKing110 Updated 

The price started with a strong upward trend from a support level around May 4, reaching a resistance zone near 3,430–3,440. After hitting that resistance, the price reversed and started forming a downward trend with lower highs and lower lows. The chart suggests a short (sell) trade setup around the 3,325–3,330 area, with a stop loss above 3,347 and a take...