GC1! looking at possible draw-down to #2779.60 as we would reach MAX capitulation at these levels. this would be a very healthy pullback setting the path for the remainder bull run to at least 10k or higher over the next 2 to 3 years. We are already 3 years into this bull run which started 2022 and should end sometime late 2026 or into mid to late 2028.Gold TRY per gram Futures forum
GC1! looking at possible draw-down to #2779.60 as we would reach MAX capitulation at these levels. this would be a very healthy pullback setting the path for the remainder bull run to at least 10k or higher over the next 2 to 3 years. We are already 3 years into this bull run which started 2022 and should end sometime late 2026 or into mid to late 2028.
GC1! Looking at possible support 3940
GC1! We see first if the price can reach price core mate.
GC1! we going all day short or just scalping right ?!?!
MGC1! All those silver folks are rejoicing, they just got a new ATH after 14 years. We here are being spoiled to say the least hahaGC1! Hopefully 618,801.4715 holding for last night mate.GC1! we should be looking for shorts from what I have been reading; but gold is in high demand. How high can we go ?!?!?!?MGC1! I'm seeing a lot of passive sell orders built up as well, to the tune of 4000 GC contracts over the whole of today. It could be a hedge position but with the way gold has been moving, I don't know how that would work out. Also looking at silver which is close to $50, and it has always dropped like a stone after hitting $50. My theory is that gold is also going to drop sharply once that happens. Gotta wait and watch, but right now it's just as easy as buy pullback and sell the top
GC1! what's on gold!?? it's going up like rocket 🚀
GC1! Major resistance for Gold is now.. off to 4489 or time for 3600? We will know direction in the early Asian hours (Long over short under 3998$