Gold (Enhanced Delivery) Futures (Apr 2026)Gold (Enhanced Delivery) Futures (Apr 2026)Gold (Enhanced Delivery) Futures (Apr 2026)

Gold (Enhanced Delivery) Futures (Apr 2026)

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Beautiful bounce off NY VWAP from Monday... too easy. #GC GCG2026

MGC1! the silver and platinum divergence is all you need to know friends.






GOLD1!


Scenario A: Buying (Long Position)
Best Entry: Wait for the price to dip down to Support 1 (122,200 / 4,030).

Confirmation: Look for a green candle or a long wick at the bottom (rejection of lower prices) before entering.

Alternative Entry (Breakout): If price breaks cleanly above 123,600 / 4,085 with strong volume.

Stop Loss (SL): Just below the support zone (e.g., 121,900 / 4,015).

Target (Exit): First target is Resistance 1 (~123,500), second target is Resistance 2 (~124,200).

Scenario B: Selling (Short Position)
Best Entry: Wait for the price to rise to Resistance 1 (123,400 - 123,600 / 4,080).

Confirmation: Look for a red candle, a "shooting star" pattern, or the Stochastic indicator turning down from the top (80+ level).

Alternative Entry (Breakdown): If price breaks cleanly below Support 1 (122,200 / 4,030).

Stop Loss (SL): Just above the resistance zone (e.g., 123,900 / 4,100).

Target (Exit): First target is Support 1 (~122,200), second target is Support 2 (~121,200).


MGC1!
Stuck in between the zone
If not retracing deeper than the "hold" zone, then higher.
Start going below, lower.
Snapshot