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GOLD: Bullish, But Retracing! Short Term Sell Opportunity!In this Weekly Market Forecast, we will analyze the Gold (XAUUSD) for the week of Oct. 27 - 31st.
Gold is still bullish, the current pullback it's in notwithstanding.  Waiting patiently for valid buy setups is the sure way to go.
That being said, there is sell setup that could present an short-term
GC (Gold Futures): Towards $3900?This is MGC chart.
 Current Market Situation 
The chart shows MGC trading around $4,000 with a bearish outlook projected through the end of the week.
 What We're Seeing 
Price Movement:
- Price is trapped in a descending channel (purple trendlines)
- Currently attempting to push up near the $4,00
Short the Pop Near Intraday Highs — Gold Dec ’25Timeframe:  30m with 15m confluence
 Symbol:   COMEX_MINI:MGC1! 
 Thesis 
Price pushed into a confluence resistance area and printed rejection. I’m positioned short from ~ 3,980 , looking for a fade back toward mid/low-day supports unless we accept above the resistance shelf.
 Confluence (15m + 30
A Case Study: GOLD probable price ProjectionA Spectacular and exponential price movement was observed in GOLD for last 3 months. 
A Mega BullRun is witnessed in the bullion market across the globe. Gold is considered as the best among multi asset classes. Especially in Indian subcontinent Gold is not only considered as precious metal which h
GC Futures – Are We Flipping Bearish Into Midweek?Tuesday closed below Monday’s low, hinting at a potential shift in sentiment.
Currently, price is approaching a 1H FVG inside the prior Asian range, just below the Weekly Low (W-L) and Daily High (D-H) — a perfect liquidity pocket.
I’m watching for signs of rejection here to confirm a bearish conti
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Frequently Asked Questions
The nearest expiration date for Gold Futures is Jan 28, 2026.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Gold Futures before Jan 28, 2026.









