MGC1! Could potentially dip below prior NY low, depending on GDP dataGold Futures (Mar 2026) forum
MGC1! Could potentially dip below prior NY low, depending on GDP dataMGC1! Massive Liq sweep, let's see if we go down now.
GOLZ2025 shorting to 3,700
GC1! Primary: SHORT 3812–3820 if 15m rejection → TP1 3799 / TP2 3783 / TP3 3760; SL = 15m wick high +0.5–1.0.
Alt: LONG only on 15m acceptance ≥3820 and 5m hold; TPs: 3828–3832 / 3835–3842 / 3865–3868; SL = 15m pullback low −0.5–1.0.
MGC1! Currently watching price behavior around 3783.5 and 3774.1- my bias is for bullish continuation towards the W3 target range above 3800.
- If price return to the support levels on the chart, it could be a great buying opportunity
- If those levels are broken, I will be looking for a buying opportunity around 3739.8 level.
MGC1! Depending on how the PCE data comes out this week, I think we might see Gold consolidate after all this upward momentum...for the remainder of the year even. Markets have been pricing in 3 rate cuts for the last few weeks. But given recent fed speeches, they might actually be going back to 2 or potentially even just the one rate cut we had in September. Obviously everything is data dependent, but I doubt we'll see 2 additional rate cuts unless upcoming jobs data releases are really bad.
MGC1! I'm glad I get to sit NY out. Looks like a warzoneMGC1! 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.
