MGC1! volume dying... repeated rejection, flush most likely coming.Gold USD per ounce Futures forum
MGC1! volume dying... repeated rejection, flush most likely coming.
MGC1! if we don't have a rejection, this is where I'm targeting this move to hit.
MGC1! FVG filled, retest of Flag break and 20 EMA. we need a rejection on this area for a continuation down.
MGC1! Breakout from the flag, but we still have the trendline + FVG
MGC1! DAY 2 -- Sill holding my short 🤑🤑
MGC1! The correction is not completed yet!I believe there's still at least one more move down.
Price is creating this flag pattern and approaching our retracement trendline.
We're in a spot that would be acceptable for a break from the flag, but we could still have one more move up. best thing to do is to wait for the breakout or play the range.
If price breaks above the retracement trendline, the bear flag theory could be invalidated. I'll be watching for that in the next few days.
GOLD1! indian gold most manupilatedMGC1! Rally mfs.MGC1! That bounce from the FVG can be considered the end of a Wave 2. We need the breakout from this green trendline to be legit with a break above 3347 for the next target to be right above the FVG gap. I'll post the idea later today.
MGC1! If the green trendline holds, We will go towards that Target in the chart.