MGC1! back to back setups even on a chop day
Candle Sequence Tigger + Trend Align Break + Key Levels
MGC1! back to back setups even on a chop day
Candle Sequence Tigger + Trend Align Break + Key Levels
GC: pullback or something bigger?
Price is trading in premium, 3.5% above the range midpoint at 4,063.85 — roughly 55% of the way up the dealing range. GC printed a bullish MSS on 5 Aug at 4,171.40; that is still the reference point for the trend.
The nearest unmitigated demand is the unmitigated demand block at 3,417.60, well away from price at 18.8% below. Resistance worth respecting starts at 5,152.40 – 5,242.10, a long way off.
If 3,417.60 holds on a closing basis, a push toward 5,152.40 – 5,242.10 is the natural next step. Invalidation is simple — body closes under 3,417.60.
Great setup on gold!
MGC1! solid setup this morning. two candle sequence trigger with a break of both lows and trend. A+ entry setup.
📈 GC: where the next decision gets made
The setup:
Since the bullish MSS at 4,171.40 on 5 Aug, the path of least resistance has been higher. An open bearish FVG above (4,145.20 – 4,351.60) is likely to act as a magnet.
The plan:
Bulls want to see 3,417.60 hold and then a daily close back toward 5,152.40 – 5,242.10. Failure below 5,152.40 keeps 3,417.60 in play as the next draw. Invalidation is simple — body closes under 3,417.60.
The chart will tell us soon enough.
🙌
MGC1! solid short opportunity this evening. Working on getting the 3 new indicators ready for publish. Stay tuned.
Candle Sequence + Trend Align + Levels
MGC1! Simple indicators, reduced visuals, clear direction.
Candle Sequence + Trend Align + Key Level
🔍 Gold: the trend, the location, and the catch
Since the bullish MSS at 4,171.40 back on 5 Aug, the path of least resistance has been higher. Bullish structure, premium pricing — fine for holders, less attractive for new entries.
If price dips, the bullish order block at 3,417.60 is the first real shelf — 18.2% from here. Resistance worth respecting starts at 5,152.40 – 5,242.10, well away from price. There is a bearish imbalance being filled right now — 4,145.20 – 4,351.60, with consequent encroachment at 4,248.40.
Bulls want to see 3,417.60 hold and then a daily close back toward 5,152.40 – 5,242.10. What would change my mind: acceptance below 3,417.60. The London session tends to be where these levels get tested properly.
Small size until the zone proves itself.
MGC1!
All TPs hit
KLS
MGC1! Short setup from this morning
Bearish Candle Sequence + price break candle low + price break trend