Gold Bulls Loading Up – Our Short Squeeze Trigger is Set!

15 июл.

🚨 Gold Bulls Loading Up – Our Short Squeeze Trigger is Set!

We’re flipping the script on MGC1! After a prolonged downtrend and textbook wedge compression, our breakout long is LIVE – but not without trapping the late shorts first.

💥 Entry: $3,312.1
🛑 Stop: $3,288.4
🎯 Target: $3,458.9
🧮 Risk/Reward: 6.19

Price just bounced at the retest of the wedge apex, and volume is confirming the move. If this holds, we’re riding momentum all the way up – and letting short pressure fuel the breakout.

📈 Trendline breached.
⏳ Time compression converging.
⚠️ If you’re still short, watch your stops!

17 июл.

Сделка активна

I took my entry at 3322 after strong bounce off another trend line.

17 июл.

Заметка

Scaling into this position as support holds and direction changes.

17 июл.

Заметка

Fully scaled in with an average price of 3321.2. I'll be riding this position out for a while. First take profit reached and I'm not taking any money off the table yet.

21 июл.

Заметка

Held this position through the weekend and still riding this. Added a few more to my position now at an average of 3,333. I do not have a take-profit set and will be watching as this develops to decide when to take profits.

22 июл.

Сделка закрыта вручную

Target was a little high. I'm happy here.