MGC1! Got stopped out, but caught a modest 10 points from 3340 to 3330. The JOLTs data came out quite bullish about an hour ago, weakening any bearish pressure on Gold. But we have the actual interest rate decisions coming out tomorrow late NY, and I don't expect Gold to breakout past 3330 or down below 3300 before that. There is a whole slew of data coming out early tomorrow however, so it could get choppy. I'm going to sit out on Gold until the interest rate comes out, and then swing trade which direction it breaks out in after that.1-Ounce Gold Futures (Feb 2026) forum
MGC1! Got stopped out, but caught a modest 10 points from 3340 to 3330. The JOLTs data came out quite bullish about an hour ago, weakening any bearish pressure on Gold. But we have the actual interest rate decisions coming out tomorrow late NY, and I don't expect Gold to breakout past 3330 or down below 3300 before that. There is a whole slew of data coming out early tomorrow however, so it could get choppy. I'm going to sit out on Gold until the interest rate comes out, and then swing trade which direction it breaks out in after that.
MGC1! 4hr candle is showing a MACD crossover as RSI is breaking above lvl 40.If we have a breakout from this wedge pattern, I will be watching as price approaches 3377 and 3406-3415.
If we break below or have a strong rejection of 3330, we will go towards 3252 and lower.
GC1! No A++ setup yet on GC.GC1! Live ES Tape + Heatmap Analysis (11:15 AM)
Buyers just attempted a push from 3326 to 3330.5 on the DOM ladder (GC feed still active on side tab)
• Large iceberg absorption zone forming near 3330.5–3332.0, visible with repeat red layering.
• Pullback buyers thinning out — green dots are shrinking with weaker velocity.
• Liquidity now stacked below (yellow zones) near 3327, acting as a magnet.
• No sign of sustained aggressive sweep past 3332.0 (yet), despite strong earlier uptick.
MGC1! I'm trailing my SL at 3330, with a target at 3285. Will manually exit if I don't reach target by the end of the next 4hr candle. Hoping to see at least one more bearish leg down over NY with all this consolidation.
GOLD1! mcx....are you ready.....sell maxxx
98400 gold and 112000 silver in next few hours....
profit 11lakh per 10lot before 9pm...
sebi registered research analyst....
MGC1! Moving forward on trade deals with China as well. Hold on to your shorts if you still have them
GC1! Possible Market Open Longs aheadMGC1! Gold is taking a break from the highly bearish move we had last week.Price definitely went lower than what I was expecting for my bullish scenario.
Im not totally surprised, but that doesn't mean that I turned bearish on gold.
I mentioned a few months ago that we could be going through a distribution/consolidation period and the last move down creates more uncertainty.
At this time, I am looking for price to stay above 3315, possibly preparing for a move towards 3377.
That doesn't mean that it will be a move towards ATH. We will just have to make a decision once we get to that level.
If we break below 3315, we could be moving towards that mid level inside the Parallel channel on the chart
GOLD1! major movement gold and silver today in next few hours