MGC1! Crazy drop today, but target was hit.EW counts are tracking and my next target is above ATH.
We could still have one more drop, but we want price to close above that 3332.6 level and use that Jan 2025 TL as support.
Gold Futures forum
MGC1! Crazy drop today, but target was hit.EW counts are tracking and my next target is above ATH.
We could still have one more drop, but we want price to close above that 3332.6 level and use that Jan 2025 TL as support.
GC1! ..this is NOT bearish momentum
…this IS a fakeout ahead of today’s data release
MGC1! XAUUSD Mad precision ..Thats enough profit for the day..Gonna close half and move stoploss to entry cos i went in with 5 contracts
GC1! …Masonic 33’s hitting futures
GC1! Strong bearish momentumGC1! i think the price will sweep liquidity @ 3370.5 and pullback downMGC1! Interesting price action happening right now. Im currently undecided on rather we have a legit H&S playing out or if we still have one more move down.
My first target is right below 3370, and the second target is around that 3402 level.
A rejection could take us back down towards 3330, but a break above 3370 could indicate that the H&S will play out, and price could pump above 3418.
MGC1! 📈 Gold Market Update – Buy Signal (Swing Trading)A buy signal has been confirmed on the gold market for swing trading. At the moment, if we want to scalp, it’s better to focus only on long opportunities short positions could be too risky for now.
Big buyers are active, aggressive, and clearly pushing the price up.
As for targets, I prefer not to give fixed levels. I always monitor the market in real time to see how big buyers and sellers are reacting.
MGC1! XAUUSD Look Familiar? 😁 . If you missed the pump heres good suggested entry for you..Manage ur risk.
MGC1! watching for the possible formation of this right shoulder...