MGC1! why does gold has to give me a heart attack like this at the end of the day? Geezz
Gold Futures (Feb 2017) forum
MGC1! why does gold has to give me a heart attack like this at the end of the day? GeezzMGC1! Im not gonna lie, this push up is concerning. High possibility of the pattern being a reaccumulation pattern instead of a distribution pattern. If this is the case, we could expect price to blast through that 3363 resistance level and continue towards ATH, invalidating the further downside theory
MGC1! First target is at that3318, second target will be around 3280. Price is about to create the UTAD and trade sideways for a bit, accumulating some bulls to trap before breaking down on this wyckoff distribution
MGC1! This might be the entry that we were looking for!
MGC1! XAUUSD
guys, don't trust the guy who told you to trust him, you'll get savagely twisted if you sell
guys, don't trust the guy who told you to trust him, you'll get savagely twisted if you sell
MGC1! clean break out from the distribution pattern. watching for a retest and possible play.
MGC1! Watching this distribution pattern being formed in Gold right now. Expecting price to push up towards that low volume node area before reversing strong to the down side. Only issue is bearish side gaining a little momentum in the 5min chart
