Gold Futures (Dec 2023)Gold Futures (Dec 2023)Gold Futures (Dec 2023)

Gold Futures (Dec 2023)

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Gold Futures (Dec 2023) forum


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.
Snapshot

MGC1! Wow did somebody drop a nuke? At this rate, we might hit 3900 today haha

MGCZ2025 🟢 Trade Bias: Long
🎯 Entry: 3,765
❌ Stop Loss: 3,738
✅ Take Profit 1: 3,790
✅ Take Profit 2: 3,825 GC1! MGC1!

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!
Snapshot


MGC1! Resting on the 200EMA for continuation?

Trust the Fib
Snapshot

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

GC1! Gold is oscillating just north of the intraday pivot, testing the market’s resolve ahead of two powerful time signatures—the 30-day trading rhythm and the 360-day Gann cycle. The 30-day rhythm has been right-translated this month: momentum pushes have carried farther than pullbacks, with buyers repeatedly defending the 3711–3698 buy band and forcing price back toward the 3726/3727 ceiling (VC PMI Daily/Weekly Sell-1). As long as the tape holds 3711, the path of least resistance remains a grind higher inside this compression, with quick mean-reversion tags into 3698 when momentum briefly slips.