Micro Gold Futures (Jun 2021)Micro Gold Futures (Jun 2021)Micro Gold Futures (Jun 2021)

Micro Gold Futures (Jun 2021)

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Micro Gold Futures (Jun 2021) forum


MGC1! We might have one or two pumps left before we get a reversal

MGC1! Looking for a move towards 3414.2 and possibly lower.

We need a break of 3420.2 to confirm the scenario but the last target for this play could be around 3397-3377 if we have a break of 3414.2
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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
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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.
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MGC1! Now, we're either breaking out from this consolidation, or we have a bearish continuation
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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
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MGC1! AI gave me the same targets for my bullish scenarios, all we need is a break above that 3442.6
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