Gold (MGC) – Watching 3725 Key Decision Point Ahead of CPIGold surged yesterday with aggressive bullish momentum, tagging into the 3725 BFH level. Price is consolidating just beneath it as we head into Tuesday’s London and NY sessions.
Upside: Break and hold above 3725 opens the door toward 3750+.
Downside: Rejection at 3725 + breakdown through 3700 coul
Related commodities
Gold Stalls Ahead of CPI – Pullback Setup Loading?Gold has been aggressively bullish for the past two weeks, but yesterday showed the first signs of exhaustion. Price stalled under the daily high ($3,690), leaving liquidity below untouched.
With CPI and unemployment claims scheduled during the NY session, we may see the dollar strengthen — providi
Gold is in a bubbleGold appears to be running straight up to resistance without ever forming support around $2486. This is not a good sign for gold buyers. I'm highly speculating gold will fall back to $2486. This move is similar to 1979. As in 1979 it went significantly higher than resistance before falling all the w
Gold Setting Up for Weekly Low Sweep – Watching 3650sGold has stalled out at the highs this week and is showing signs of exhaustion after a strong 2-week bullish run. Thursday’s close left us hovering just above key support in the 3650s.
For Friday, I’m watching for a break and close below yesterday’s low on the 1H chart. If we get that confirmation,
Bonds vs Gold: Trading the Fiscal Dominance Divergence The Fed is expected to cut rates next week. Yet, the long-term Treasury yields refuse to come down.
This disconnect signals that markets are no longer taking their cues from monetary policy alone. Heavy government borrowing, record bond issuance, and fading foreign demand are driving yields highe
Gold, Yields, and the Fed: How Monetary Policy Drives Markets
Few forces shape global markets more than U.S. monetary policy. The Federal Reserve’s dual mandate, maximum employment and 2% inflation is the anchor for its decisions. For traders, understanding how these objectives translate into interest rate changes is critical for positioning in gold futures a
Gold Consolidation – Watching 3650 Break for Weekly MoveGold has opened the week consolidating under last week’s highs. Price continues to respect a bearish FVG on the 1H/4H chart, with heavy distribution around the 3675–3680 zone.
For direction:
Break above 3687 (D-H) = liquidity grab above highs before any reversal.
Break below 3654 (D-L) = bearish
Gold Pauses Ahead of FOMC – Big Move Loading?Gold has been consolidating just below its all-time highs as traders await the Fed’s rate decision tomorrow.
Key levels on my chart:
Resistance: ATH 3737.5 → 3749.8 (DH)
Support: 3715.2 (WH) → 3711.6 (DL)
If the Fed cuts rates more aggressively than expected, Gold could break higher and run liqu
The Golden Trinity: Triple Divergence Confluence at Volume Void # Micro Gold Futures: Multi-Confluence Bullish Setup at Critical Juncture
## Market Structure Evolution (Points 1→3)
The price action reveals a compelling narrative as buyers reassert control within a constructive sideways consolidation pattern. This accumulation phase, characterized by ascending s
See all ideas
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The nearest expiration date for Micro Gold Futures (Jun 2023) is Jun 28, 2023.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Micro Gold Futures (Jun 2023) before Jun 28, 2023.