GC1! – The Wedge Strikes Back 🚀
Gold futures (GC1!) just gave us a textbook rollover move. As the front-month rolled, price faked a wedge breakdown, only to rip back inside the structure once rollover completed. That failed breakout speaks volumes – and now the wedge is back in control.
Rollover Trap → Back Inside the Wedge
Rollover volatility flushed price below the wedge, pulling in shorts… but the move didn’t stick. Buyers stepped up and snapped price back inside, turning the wedge’s lower boundary into rock-solid support once again.
The Long Game 🎯
With GC1! holding the wedge:
Volume Profile also shows heavy accumulation in the 3,336–3,380 zone – crack through 3,380, and we could see momentum accelerate quickly.
Bottom Line
This isn’t just another bounce – it’s a failed breakdown on rollover. Wedge traders are back in the driver’s seat, and the setup offers a crystal-clear invalidation point with serious upside potential.
Gold futures (GC1!) just gave us a textbook rollover move. As the front-month rolled, price faked a wedge breakdown, only to rip back inside the structure once rollover completed. That failed breakout speaks volumes – and now the wedge is back in control.
Rollover Trap → Back Inside the Wedge
Rollover volatility flushed price below the wedge, pulling in shorts… but the move didn’t stick. Buyers stepped up and snapped price back inside, turning the wedge’s lower boundary into rock-solid support once again.
The Long Game 🎯
With GC1! holding the wedge:
- Longs off wedge support are the play
- Resistance: 3,380
- Target: 3,446 (upper wedge boundary)
- Stop-loss: 3,336 (below support)
- Risk/Reward: 🔥 10.69 RRR
Volume Profile also shows heavy accumulation in the 3,336–3,380 zone – crack through 3,380, and we could see momentum accelerate quickly.
Bottom Line
This isn’t just another bounce – it’s a failed breakdown on rollover. Wedge traders are back in the driver’s seat, and the setup offers a crystal-clear invalidation point with serious upside potential.
액티브 트레이드
This is active. I don't think it's coming back for the entry I posted this with at 3343. Good luck.거래청산: 스탑 닿음
I'm looking for another entry after the gap closes.
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
🚀 Founder of SciQua | Strategy. Simulation. Signals.
TradingView indicators, backtesting tools, weekly contests, and live market analysis.
Join free, compete, win, and stay updated at sciqua.com
TradingView indicators, backtesting tools, weekly contests, and live market analysis.
Join free, compete, win, and stay updated at sciqua.com
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.