MGC1! 4hr candle is about to close in 3 minutes. Price reached the target range, so a rejection could indicate a retracement below 3400.
A break above the range could take us to ATH
Gold Futures (Jun 2019) forum
MGC1! 4hr candle is about to close in 3 minutes. Price reached the target range, so a rejection could indicate a retracement below 3400.
A break above the range could take us to ATH
MGC1! I got out of that trade at 3425..MGC1! So we are close to a breakout, Im still unsure if we're going towards ATH or if we're retracing lower. At this moment, I am looking for price to get rejected at the 3432-3429 range.
But before we even get there, we need to break out of this channel, which is looking a lot like a Bear flag.
MGC1! Now, we're either breaking out from this consolidation, or we have a bearish continuation
MGC1! First target to break is 3432.5-3429 range.We need to stay above 3412.5, but we could dip a little lower to completely fill that gap on the 1hr candle
GCZ2025 let's short this bloated pig!!MGC1! AI gave me the same targets for my bullish scenarios, all we need is a break above that 3442.6
MGC1! Peep that volume on the 1hr chartMGC1! Price is holding above 3433.8 and we could have a continuation from that level.I am waiting to see if price will move towards 3425.3 before entering another position.
We are at the resistance level, so we're either making it or breaking our portfolio.
GC1! Price lifted through the 3431.5 ceiling with solid delta and follow-through:
• Large green bubbles (aggressive buys) pushed through previous passive ask walls.
• Liquidity at 3431–3431.7 got absorbed cleanly.
• Next supply layer: 3433.5 and especially 3435.0 (thick COB), then 3437–3438 as potential exhaustion zones.