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

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🚨 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!

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تم فتح الصفقة

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

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ملاحظة

Scaling into this position as support holds and direction changes.

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ملاحظة

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.

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ملاحظة

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.

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تم إغلاق الصفقة يدويًا

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