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📈57.70 58.30 58.95
📉57.20 56.55 55.89

mcl 5/5/25



XAUUSD Gold is forming a bearish engulfing pattern on the 15-minute chart, signaling potential downside momentum.

Key Observations

- Large and tested zone: Higher likelihood of breaking through.
- Hurdle market: Possible retracement from current levels. MGC1! CL1! HG1!
Snapshot

MCL1! Wow this spike! What’s going on

Money is flowing to energy sector. OXY and XOM are printing

MCL1! is unstable, could be targeting more lows, this rebound of 55 isnt strong.