GC1! 🎯 Monitor for next targets:
• TP1 = 3371.2
• TP2 = 3366.5
Gold Futures (Dec 2022) forum
GC1! 🎯 Monitor for next targets:
• TP1 = 3371.2
• TP2 = 3366.5
No gap in October's contract, but there was a pretty large buying volume in it on yesterday's session.
MGC1! What does it mean when spot gold price is this different from futures? Haven't ever seen this much discrepancy that's weird.
MGC1! Well, good thing I wasn't holding a short. They paused the China trade deal for the time being, but that should in no way push MGC up by 60 points. Maybe a massive pump and dump? Either way, I am not trading for the next 20 hours
MGC1! to the moon?GC1! Bearish Setup – Only If:
• Price closes below $3,321.0 on 5-min or 15-min with volume spike (BOS)
• Retest & fail = trigger → could target:
• TP1: $3,316.3 (first liquidity cluster)
• TP2: $3,311.8–$3,309.5 (shelf)
This setup becomes A++ if we get a strong candle below $3,321 with imbalanced follow-through.
MGC1! Just to help out folks who want to keep up with the news.tradingeconomics.com/united-states/calendar
You can clearly see we're stacked with quite a few data releases for the rest of the week, but the key ones to watch out for are the Fed Interest rate decision, and anything major before that that can influence it. I use the calendar mostly to avoid trading important times.
GOLD1! After 4 months again took long position in gold today. GOLDMU2025
GC1! Heavy liquidity absorption just under 3323.0 — but no BOS upward yet.
Buyers are attempting to defend, but no aggressive follow-through or shift in order flow yet.
This is responsive demand, not yet a structured long.
MGC1! Got stopped out, but caught a modest 10 points from 3344 to 3330. The JOLTs data came out quite bullish about an hour ago, weakening any bearish pressure on Gold. But we have the actual interest rate decisions coming out tomorrow late NY, and I don't expect Gold to breakout past 3340 or down below 3300 before that. There is a whole slew of data coming out early tomorrow however, so it could get choppy. I'm going to sit out on Gold until the interest rate comes out, and then swing trade whichever direction the rate decisions dictate. I think we're not going to have rate cuts (bearish) just going off of the data we have so far, and how Powell and Trump have been interacting. But it's a coin flip admittedly