MGC1! ADP is coming out in a few minutes. It might get more attention than usual this time around.Edit: Bullish for gold.
Gold mini Futures forum
MGC1! ADP is coming out in a few minutes. It might get more attention than usual this time around.Edit: Bullish for gold.
MGC1! Are we going towards 4000 or 3700
MGC1! Noticed a bearish iceberg order yesterday at 3845. Worth noting that there is still some bearish sentiment in the market, but some institution lost a lot of moneyMGC1! A lot of momentum off of that data release. There wasn't too much upside surprise with JOLTS, so we're likely going up for the remainder of the session. Going to call it a day though, have a good day y'allMGC1! Jolts can send this candle either way. I'd recommend closing out any trades and wait for the data release
GC1! Early test of the 3,848–3,852 pivot decides the session. A rejection there likely sends GC back to 3,835; a firm 15m body below 3,835 opens a drift toward 3,820 with risk of a stab into 3,800 before a PM bounce. Bull path requires clean acceptance above 3,852; that unlocks a squeeze to 3,865–3,872. Only sustained trade above 3,872 sets up a late-day run at 3,890–3,905.
GOLDM1! Will reach 114000 level soon
GCZ2025 ER (EXPECTED RANGE) is on the chart.
GOLDM1! bit of consolation seems to be happening...it will shine againGCZ2025 Support during corrective movement (if occurs), calculated using the Chicago Mercantile Exchange (CME) formula — **Expected Range (ER)