Gold Futures (May 2027)Gold Futures (May 2027)Gold Futures (May 2027)

Gold Futures (May 2027)

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Gold Futures (May 2027) forum


GC1! what's on gold!?? it's going up like rocket 🚀

GC1! Major resistance for Gold is now.. off to 4489 or time for 3600? We will know direction in the early Asian hours (Long over short under 3998$
Snapshot

MGC1! Gold is definitely blowing up to say the least. Govt shutdown certainly doesn't hurt, but I still think we are priced very much at a premium. Always better to trade what the market does than what you want the market to do though, and to be fair Gold doesn't have a whole lot of fundamentals working against it. FOMC meeting tomorrow should provide more clarity on if and possibly when a correction could occur. Right now, US govt resumption along with an unfavorable and late NFP data are the only fundamentals that can cause some form of correction (in the 2-300s. Probably best to favor longs till then


GC1! Mate we wait a while for temperature to cool down don't want to get in trouble with all this nonsense price pushing.





GC1!
• Buy only if 3,968–3,975 breaks and holds. Enter 3,971–3,975, risk <3,962. Targets 3,978–3,982 → 3,992–3,998 (stretch 4,010–4,020).
• Fast sweep/reclaim of 3,947–3,950 = quick long 3,950–3,952, risk <3,943, aim 3,960 → 3,972–3,975.
• Lose 3,947 on a 15m close and fail the retest = short 3,944–3,947, risk >3,952, targets 3,934 → 3,919.
• Trade windows for gold: London a.m. flow + COMEX open 08:20–11:30 ET.