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MGC1! it looks like we are about to have a big drop. likely taking price to that trendline. Not financial advice, but im looking at this possibility right now.

Volume is decreasing as we are getting closer to that resistance level, best case scenario, we stop at the 3292, if that level is broken we will go towards that 3270-3250 range
Snapshot


MGC1! Watching 3316 and 3322 levels of what could possibly be another accumulation pattern.

That dip towards 3292 could be the spring for this move, if that is the case, we should se a breakout of those levels.
Snapshot

MGC1! Watching for this possibility on gold. I took some profits and im now observing price movement for my next entry.

Price must hold 3292 to continue up, but losing that level will take us to test that trendline and likely reaccumulating in that 3270-3252 range.
Snapshot


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sell Gold and Silver 95520 to 94800 94500 94000 Gold.....and 97670 to 96500 95500 94500 Silver.....before 5pm

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MGC1! Price has entered the gap zone. as I mentioned before, I do expect this are to show us some resistance, but so far the main level I was looking (3293) for is slowly being broken.

We're still in risk of a pullback happening to 3252 for a breakout retest, so be careful!

After we have a breakout confirmation, I'll be looking at 3337 as the next level where we can find some strong resistance.

I wouldn't be surprised if we bounce in between this gap range range for some time before we continue up towards our 3360 target.
Snapshot

MGC1! And the breakout happened!

As I mentioned before, I was watching for that consolidation pattern being formed on for our Wave 2. The wyckoff worked right and we got our breakout. I was expecting strong resistance to happen at that Gap created on May 12, but i forgot to highlight 3277 as a super important level!

3277 was a strong support level before. it worked as a pivot point, attracting price to that level.

That being said, we are still holding support on that level, but I wouldn't be surprised if we break below towards a retest of that Red trendline breakout.

My target of 3360 still holds, but the road to that target may be a little bumpy. Dont panic sell tho. Work on your risks.

We will see what price will tell us next.
Snapshot

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GOLD1! MCX....

Operator start works....

Gold and Silver crashed in next few hours....

94680 to 92800 Gold and
96960 to 94500 Silver......in next few hours.....

Profit +27lakh per 10lot......today.....

100% recover your past loss.....

Trade and Sell Maxxxxx