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Caramel0
MGC1! So price dumped today and did a retouch of the 3280 zone for the 3rd time. I can see a possible retest of 3200 before price continues towards our Wave C target.

However, price was accumulating in this closing range today, which could indicate a break of 3280 targeting the gap at 3330-3300. If that happens, we will likely retest 3362 level and if price breaks through that level we could see the move towards ATH happening.

The second scenario is becoming less likely since we are currently seeing SPY and QQQ turning bullish once again, which could trigger a long sideways or downward consolidation for gold.
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GOLD1! MCX....Gold June....

All TGT today.....

96740 to 94090 today.....

+31lakh per 10lot 2days STBT sell call gold and silver profit after market open huge gap Down...

wait 93000 again 96000 today....
GC1! 3347 to 3259.07 range xauusd gold spot today...

see fridays stbt sell call....
Caramel0
MGC1! This is something that I've been watching for. volume peaks are followed by consolidation, and in this bull run this is the biggest peak yet, which could signal the ending of the bull run for gold. The high volume could indicate distribution/outlfow as early investors are now getting out of their positions. We trade day by day, but even though we still have scenarios that could go towards ATH, we gotta manage the risk accordingly
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GC1! sharp drop or again rise

75 USD Gold spot XAUUSD movement today....

wait 3250 again or book profit and again 3400....Gold spot XAUUSD.....today.....
Operator start works....

Major movement gold and silver.....in next few hours....

2000 points Gold and
4000 points Silver.....movement today....in next few hours....
Caramel0
MGC1! Price hit our FVG target. We can already see some bullish divergence at that range but this doesn't mean we have bottomed.

We have 2 scenarios possible scenarios:
- Red: Price will test the breakdown at 3366 and will be rejected before it breaks below our support at 3278 and continues down towards our Wave C target at 3160.

- Green: Price will accumulate in that zone, before going towards 3366, breaking that resistance and then continuing up towards ATH around our Wave 5 target at 3640-3840.
Snapshot
Caramel0
MGC1! I got these 3 scenarios I am looking at right now. A lot of it depends on what the SPY decides to do. If we pump above 570 with strong momentum, we might break through that trendline and go towards our Wave C target or stopping at that 3210 level and creating a double bottom.

If S&P price begins to reverse around the 570 level, I expect gold to do what the orange scenario shows.

We shall see what shall happen
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PRECY-
GC1!
look at this mf guys, he's going to climb on my tp 3354.9 this configuration molested me a lot, but I've mastered it now XAUUSD
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