MGC1! Moving forward on trade deals with China as well. Hold on to your shorts if you still have them
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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 ahead
MGC1! 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 hoursMGC1! Here we goMGC1! Very heavily bearish, potential opportunity to hold overnight for significant gains. Good luck y'all
GC1! so rare for xau to have the same prices 3330MGC1! I'm done for the week. Charts say we're reaching exhaustion, but I'll be keeping a close eye on the news over the weekend. We should hopefully atleast see a rally here before potential bearish moves off of news. Have a nice weekend y'allMGC1! Further trade details coming out, deal with UK set to take place over Monday. Lot's of trade deal decisions coming out by Aug 1st. Keeping an eye out for Fed conference on July 30th as well. I still have a bearish outlook, will get a stronger idea early next week.
GC1! BOS just validated more downside.
The FVG (Fair Value Gap) at ~3341-3344 was filled and rejected — classic continuation signal.
Next Take-Profit Target (TP)
Target: ~3324.5–3322.0 → Key liquidity pool from prior sessions + ICT levels.
If price breaks 3330 cleanly, expect acceleration into 3322 zone.
Beyond that: Watch 3310 for full expansion.
Invalidation
Back above 3344 on strong volume would invalidate this leg and trigger possible retracement.
Break & close above OB zone near 3348.4 = full invalidation of short bias.