MGC1! I'm waiting for a pullback to take FVG at 3332 before going long1-Ounce Gold Futures (Jun 2027) forum
MGC1! I'm waiting for a pullback to take FVG at 3332 before going long
MGC1! We got the break from the wedge pattern, but now im looking for a break above that 3352 and then 3363 possibly reaching that FVG range above. If we fail to break above 3352, we might be looking towards the bearish scenario that I shared on the weekend update.
MGC1! Price hit the FVG and is now at resistance of the wedge pattern.At the same time, we have a golden cross happening with the 9 and 20 EMAs, but it is still too early to know if it is legit or not.
The next level i am watching is 3352.6
Let's see how this next candle closes...
MGC1! Currently watching wedge pattern at works.We need a break above for a continuation up. It could still work towards the H&S that I talked about on the weekend update, but a rejection of a breakout could move price towards 3283 and below.
MGC1! Hello fellow gamblers,
As we prepare for a new trading week, I revisited my EW count and was able to come up with 2 scenarios to present to you today.
- For our bullish scenario, I am looking for a break above 3418 and my next target will be at the 3574 - 3525 range.
- For our bearish scenario, I am looking for a break below 3283 and my next target will be at the 3086 - 2846 range.
- Price went through a consolidation as we closed last week's candle, and we are now at POC.
- Levels to Watch: 3418, 3363, 3283
Idea: $GC / $MGC /Gold - Elliot Wave…
GOLD1! will down now and nifty will be on all time high wait and watchMGC1! The last post did not workout how I was expecting, but it is all fine. I'll post an Weekend update on sunday after I review my analysis on Gold.Happy 4th!
MGC1! XAUUSD It's July 4th guys, dont expect any big moves in the market..Keep ur profits and same ur ammo for next week unless you like to trade consolidation. On top of that, Price is at POC right now, It is expected to consolidate. It's been an awesome profitable week.Happy 4th of July .
Cheers !!!
MGC1! Waiting for confirmation, but this could be a great entry point to catch the big impulse move
MGC1! This is definitely a wyckoff, rather it is distributing or accumulating we are getting close to find out...