MGC1! Breakout from the flag, but we still have the trendline + FVGMicro Gold Futures (Aug 2020) forum
MGC1! Breakout from the flag, but we still have the trendline + FVG
MGC1! DAY 2 -- Sill holding my short 🤑🤑
MGC1! The correction is not completed yet!I believe there's still at least one more move down.
Price is creating this flag pattern and approaching our retracement trendline.
We're in a spot that would be acceptable for a break from the flag, but we could still have one more move up. best thing to do is to wait for the breakout or play the range.
If price breaks above the retracement trendline, the bear flag theory could be invalidated. I'll be watching for that in the next few days.
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.
