MGC1! Target hit!How much further will we go?
Gold Futures forum
MGC1! Target hit!How much further will we go?
GCV2025 If you absolutely must take a short, consider eyeing the 3803–3804 zone —but make sure: it’s the October futures contract, not December. This level is calculated using the Expected Range (ER) formula, based on data from the CME exchange.
Levels derived from this formula have a strong historical hit rate across a wide range of financial instruments.
We publish a weekly recap of ER performance in our channel — showing how these levels played out over the past week.
MGC1! Wow did somebody drop a nuke? At this rate, we might hit 3900 today haha
MGC1! Approximately 400pt until we hit the target.I expect some volatility once we get inside that target range.
it took us two weeks to complete Wave 2 in a zigzag pattern.
According to EW theory, we will likely see some Flat consolidation pattern. I am assuming it will take around the same time or more to complete W4.
Congrats to everyone that rode this W3 till now!
XAUUSD1! short, 3500 coming wave 4
MGC1! Resting on the 200EMA for continuation?Trust the Fib
GC1! 📌 Bias Summary: Today’s playbook favors NY Killzone shorts from supply (3700–3710) → targeting 3660–3650 discount POIs.
MGC1! 3688 cmp bearish for now..it might give some correction before reaching new high...
MGC1! The pattern failed :(But my target's havent moved. We're just going through a little consolidation.
Trust the Fib