Gold (Enhanced Delivery) Futures (Jun 2031)Gold (Enhanced Delivery) Futures (Jun 2031)Gold (Enhanced Delivery) Futures (Jun 2031)

Gold (Enhanced Delivery) Futures (Jun 2031)

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MGC1! London is a massacre as always. If 4050 breaks, we are definitely going below 4k this time around. Next support should be around 3950 if we continue pushing down

MGC1! I feel like I see a double top formed on the daily! real test will come with fib pull back in 4249-4255 price range
Snapshot


GC1! We see more around 40486 mate on how this structure play, hard landing or soft landing.

GC1! I was getting worried, we finally got a pullback and it's staying above 4,000 which is great remember, bull markets take 2 steps forward and 1 step back

GC1! i would like to see test of 4000 and see if finds support. at moment waiting to see.


MGC1! Mad, that is -4% just today. 4400 should remain the ceiling until rate cuts are announced. Although if we get hung up on China trade talks again, we could likely hit 4400 before then

MGC1! 200 point bearish daily candle. Fundamentals are still mostly bullish so this is more likely just a long overdue technical correction. Likely accumulation for the upcoming rate cut as well, and I think we should get some short term longs over NY.

GC1!
If sellers push through 4,255 in the NY morning, we could see a trend-day drift down to 4,205, but keep an eye out for a potential trap-bounce there. The only scenario that changes the dynamics is if we get a clear 15-minute acceptance above 4,353, which could trigger a squeeze up to 4,374–4,385.