Gold (Mini) Futures (Dec 2019)Gold (Mini) Futures (Dec 2019)Gold (Mini) Futures (Dec 2019)

Gold (Mini) Futures (Dec 2019)

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MGCZ2025 Long-term upward trend holding, Gold should continue large gains shortly through next week onward.


MGC1! BTCUSD And now we're having the dump that I talked about.

I do not know what the future holds, but I was expecting Gold to dump, so money could rotate into crypto.

Lets see what happens!
Snapshot

GC1!
As we approach the opening of the New York trading session, I want to highlight the key levels to watch. We will consider the range of 4,312 to 4,306 as our intraday pivot point.

If the market sees an early breakout, I anticipate that selling pressure will emerge around the 4,382 to 4,385 region. In that case, we can expect a pullback toward the 4,335 to 4,312 area.

Conversely, if we see a decline at the start, I will be looking for buyers to step in around the 4,291 to 4,278 support zone. A rebound from this level should target a return to the 4,306 to 4,312 range as we move into midday.

It’s important to note that a sustained hold above 4,385 on a 15-minute chart could trigger a rally towards the 4,430 to 4,440 levels. However, without that, we will likely be in a “sell the pops, buy the lows” scenario, with the focus remaining around yesterday's value range.

GC1! 4392 is last ATH for several weeks or months. wont go higher than this. mark my word

GC1! 5,000 is inevitable it will keep rising until the fed cut rates to a level that is commensurate with wider market levels. I think over the longer term, it's likely to see a drop back to the 2,000 level


MGC1! Anybody else remember trading s&p500 during the tariff weeks? Gold moves like that now, short-term trading is very volatile to say the least

MGC1! Over 8% this week. Will we cross 10% today?

GC1! Can’t believe how much it’s pumped this week. Starts to get concerning from a US & World economic standpoint.