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MGC (Micro Gold Futures) Trade Setup – 12H Timeframe
MGC1!
, 720
Short
MGC1!: MGC (Micro Gold Futures) Trade Setup – 12H Timeframe

On the 12-hour timeframe, MGC has returned to the upper boundary of the horizontal range established since April 14, 2025. A surge in positive volume on August 7 was preceded by a sharp uptick beginning August 6, followed today by noticeably shallower volume—suggesting volume exhaustion and a potential pause or retracement. Given today is Friday, profit-taking...

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