GoldKing110

GoldKing110

Gold (XAU/USD) 1H Technical Analysis – Forecast & Breakdown 🔹 Chart Overview: This 1-hour timeframe analysis highlights a clear ascending channel formation, with both support and resistance trendlines drawn precisely. The price recently tested the resistance zone near 3,390, which aligns with a Heavy Resistance Area, and showed signs of rejection. --- 🔍 Key...

GoldKing110

This chart shows a technical analysis of the USD/JPY (U.S. Dollar / Japanese Yen) currency pair on the 1-hour timeframe. Below is a breakdown of what this chart means: 1. Price Movement The chart shows past price action, moving from a support zone to a resistance level, followed by a decline. Two major trendlines are drawn: Uptrend line (black, upward sloping):...

GoldKing110

📊 Chart Description: GBP/USD (1H Timeframe) This chart represents the price action of the British Pound against the US Dollar (GBP/USD) on a 1-hour timeframe. The chart provides a detailed analysis of trend structure, resistance zone, and a potential trade setup. --- 🔻 Previous Downtrend A clear downtrend was in play, indicated by a descending trendline...

GoldKing110

This chart shows a technical analysis of Gold (CFDs on Gold - XAU/USD) on the 1-hour timeframe, with a focus on a bearish (downward) trade setup. Here's a detailed breakdown of what it means: 📊 Chart Summary 1. Resistance Zone (Green Area on Top) Around $3,340–$3,360. This is where sellers are expected to be strong. Price previously reversed from this zone...

GoldKing110

This chart is a technical analysis of the cryptocurrency Ethereum (ETH) against the US Dollar (USD) on a 4-hour timeframe. Here's a breakdown of what it shows: 📊 Key Components of the Chart 1. Trendline A black upward-sloping line that shows ETH was previously in an uptrend. Price broke below this trendline, indicating a potential trend reversal or...

GoldKing110

This chart shows the EUR/USD price movement and a possible setup for a sell trade. The black line is a trendline showing that the price was moving upward. The green zones are support and resistance levels where the price often changes direction. The price has touched the trendline several times and moved up, but now it is near a resistance level. The chart...

GoldKing110

This is a 4-hour chart of Bitcoin against USDT. The price recently moved down from a strong resistance area called the supply zone, shown in green at the top. A rising trendline was broken, which signals that the previous upward trend has ended. After the trendline break, the price formed a downward channel, marked in yellow. It then tried to retest the broken...

GoldKing110

This chart is a technical analysis of Gold (XAU/USD) price movement on the 1-hour timeframe. Here's a detailed description of the key elements: 🔍 Key Components: 1. Support and Resistance Zones: Resistance Level (Top Blue Zone): Around 3,355–3,375 — the area where price previously reversed downward. Low Support (Middle Blue Zone): Around 3,320 — a minor...

GoldKing110

📊 Key Elements of the Chart Trend Line (Blue Upward Line): Shows a recent uptrend where price has been moving higher. The price broke below the trend line recently, which is a potential bearish signal. Resistance Zone (Green box at the top): Area where the price has struggled to break above (~1.3600 region). Marked with a red circle indicating a rejection...

GoldKing110

This chart shows the EUR/USD price going up inside a channel but now hitting a resistance level (a strong ceiling). The arrows suggest the price might fall soon after reaching this level.

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...