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
Gold mini Futures forum
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
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.
