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MGC1! We got a second rejection and a close below 3458 but we still need a break of 3442.4 to confirm the move towards 3414.2

If we have the breakout:
- my first target is at 3432.8
- my second target is at 3414.2
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MGC1! That rejection at 3457.9 could be the signal for a deeper correction.

I am still bullish, targeting 3500, but if we can't break above that level, we could lose 3442.4 support and retrace back towards 3434.4
Snapshot

MGCV2025 🟢 Trade Bias: Long (MGCV2025 – Micro Gold Futures Oct 2025)
🎯 Entry: 3420
❌ Stop Loss: 3395
✅ Take Profit 1: 3440
✅ Take Profit 2: 3464

GC1!
• 1M/5M (TV): Strong bullish momentum into liquidity zones (3444–3445) but no clear rejection yet. Price is lingering inside prior liquidity sweep zones. No strong lower high or structure shift for short yet.
• 30M: We’ve now tagged Asia Session High (AS.H) and prior NYPM.H. This is a high-value liquidity zone with confluence of session highs and FVG.
• Bookmap (BMD): Aggressive buyers lifted price through prior iceberg zone, but now there’s larger limit sell orders stacking at 3444–3446, suggesting potential exhaustion. However, no strong seller absorption yet—green bubbles still dominate.


MGC1! If we don't breakout in the 4hr candles, we would be forming a triple-top pattern..
Snapshot

MGCV2025 🟢 Trade Bias: Long (MGCV2025 – Micro Gold Futures Oct 2025)
🎯 Entry: 3396 (Midpoint of 3392–3400)
❌ Stop Loss: 3380
✅ Take Profit 1: 3422
✅ Take Profit 2: 3435

MGC1! Super risky entry since it can still turn into a move towards 3426 and below, but im looking into an entry around 3433.5
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MGC1! That short play is still valid, I got out but the move can still happen.

Im getting ready for a buying opportunity for this possible Cup and Handle pattern being formed
Snapshot