GOLD1! indian gold most manupilatedMicro Gold Futures (Aug 2020) forum
GOLD1! indian gold most manupilated
MGC1! Rally mfs.
MGC1! That bounce from the FVG can be considered the end of a Wave 2. We need the breakout from this green trendline to be legit with a break above 3347 for the next target to be right above the FVG gap. I'll post the idea later today.
MGC1! If the green trendline holds, We will go towards that Target in the chart.
MGC1! We got the rejection from that 3361.5 - 3347.5 range. I am now looking for price to target that 3283.3 support level once again. However price created a 15min FVG at 3325.9 - 3318.6. If we find support in that gap instead, I can see the possibility of another pump targeting the FVG above 3372.
GC1! war
no war
rumors of war
whats up-side down
is right side-up
mining stocks
MGC1! We got that move towards 3357 that I talked about this morning.
At this moment, I am looking for a rejection around 3357-3372, possibly touching that FVG above 3372.
There's a chance that we have completed the ABC correction and could now be going towards ATH. For this scenario, I am watching for a break of 3372 and that blue trendline. But we will talk about that when the time comes.
MGC1! Getting ready to drop the hammer on Gold..Should be a sweet sell
MGC1! Hello fellow gamblers,Price did not go all the way inside the target range, but it is close enough for me to be satisfied with the play and take profits. Now it is the time to be looking for where we are going next.
- I am already seeing some reversal signals in the 15min TF but no signals in the higher TFs.
- For now, we will continue going lower as long as the blue trendline is not broken, but it is possible for price to have a bounce before continuing lower. If price breaks above 3357, I am looking at that FVG gap as a possible target for the bounce.
- It is possible for price to touch that yellow trendline in the bounce, so I'll be paying attention to it.
- If we get a rejection of 3357, I can see price filling our W2 Target range and finding support at 3283. A break of that level could take us all the way down to 3222.8 - 3174.4 range shown in the chart.
- For bullish scenario, I'd want a break above 3418, but i do believe that it is still early to talk bullish scenarios, so I'll leave it for next time.
GOLD1! 99800 to 97400 gone