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Gold Futures (Jun 2030)

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GOLD1! market open gap up....

wait life high 103000 or again 101000 gold in next few hours....

MGC1! Are having a continuation from this level?

MGC1! Crazy moves happened throughout this whole week. We had a breakout from the consolidation channel we had before, so now I am looking at the bullish scenario count and targets.

I might post an update this weekend, but I am looking at a possible pull back towards 3438.8 if we break below 3479.5.

Im also using this new parallel channel to track if price respect the lines.

Let''s see whats going to happen
Snapshot


MGCV2025 🟢 Trade Bias: BuySellBeep Long (MGC Oct 2025 )
🎯 Entry: 3460
❌ Stop Loss: 3450
✅ Take Profit 1: 3478
✅ Take Profit 2: 3493 GOLZ2025 MGC1!


MGC1! We got a second rejection and a close below 3458 but we still need a break of 3442.4 to confirm the move towards 3414.2

If we have the breakout:
- my first target is at 3432.8
- my second target is at 3414.2
Snapshot

MGC1! That rejection at 3457.9 could be the signal for a deeper correction.

I am still bullish, targeting 3500, but if we can't break above that level, we could lose 3442.4 support and retrace back towards 3434.4
Snapshot

MGCV2025 🟢 Trade Bias: Long (MGCV2025 – Micro Gold Futures Oct 2025)
🎯 Entry: 3420
❌ Stop Loss: 3395
✅ Take Profit 1: 3440
✅ Take Profit 2: 3464