MGC1! Likely going to be choppy on Monday given the upcoming CPI report on Tuesday. Current forecast expects inflation to rise, meaning delayed rate cuts. Play safe until the report comes out Tuesday, but my money is on a bearish bias for the rest of the week if CPI meets or exceeds expectations. We might have an impulsive break past 3390 this Monday before we head down given recent tariff threats.
I won't be chasing any breakouts or breakdowns until Tuesday, trade small and save your capital. Wait for confirmation from the big report this Tuesday.
MGC1! Done trading for today. The price action is too risky if you didnt get an excellent entry. In my opinion, as long as we hold support, we will continue climbing. I’ll post a new Idea on sunday so we can catch up with the analysis
MGC1! Price battling at a POC level. I'd prefer for price to break above this POC before any retracement, but if we do have a retracement, that 3320-3318 will be a good support
MGC1! Likely going to be choppy on Monday given the upcoming CPI report on Tuesday. Current forecast expects inflation to rise, meaning delayed rate cuts. Play safe until the report comes out Tuesday, but my money is on a bearish bias for the rest of the week if CPI meets or exceeds expectations. We might have an impulsive break past 3390 this Monday before we head down given recent tariff threats. 
