MGC1! Possible fakeout incoming?
Gold Futures (Apr 2021) forum
MGC1! Possible fakeout incoming?MGC1! are we pumping through these 1hr wicks or are we reversing?
GC1! tp1: 3345HTF bias intact, watch for impulsive down move in NY AM
MGC1! CMP 3398 this shall consolidate for now...Expecting a bit downside
MGC1! Watch for a rally over Asia and London. Highly likely we're going to see a bearish drop over London NY overlapMGC1! If the 1hr candle closes above 3396.9, we could have a reversal happening
GC1! 📌 Intraday bearish — looking for a retracement into M15/H1 supply to short down into $3,400–$3,380 ahead of tomorrow’s CPI.
GOLD1! all tgts achieved.....what next wait 99500 or again 101500 gold oct....GC1! Gold Futures (GC1!) – Bullish Setup
Bias: Bullish across Weekly, Daily, and Intraday charts.
Entry Zone: 3,456 – 3,458
Stop Loss: 3,440
Take Profits:
– TP1: 3,470 – first intraday resistance
– TP2: 3,485 – prior swing high
– TP3: 3,510 – major resistance / channel top
Summary: Gold is holding above key support on all timeframes. A breakout from the current range could target 3,470, 3,485, and 3,510. The setup aligns with the higher‑timeframe uptrend, making pullbacks into the entry zone potential buying opportunities. Watch for bullish candle closes above 3,460 to confirm momentum. A close below 3,440 invalidates this scenario.
