Gold Futures (MGC) – Pushing Into New Highs

Price continues to climb into all-new highs with very little pullback, showing clear bullish momentum. However, structure is getting thin, and momentum could begin to exhaust soon.

🔹 Current Bias: Bullish — until 4H structure breaks.
🔹 Key Levels:
‣ W-H: 3928
‣ D-H: 3916
‣ D-L: 3861
‣ Daily FVG: 3820–3720

💡 Notes:
Price has yet to rebalance the large Daily FVG below. If we sweep external liquidity above 3928–3935 and fail to close strong, that could set up a pullback or even a deeper correction into the Daily FVG zone.

Volume profile shows thin structure between 3860–3820 — if momentum fades, that area could act as a magnet for price.

For now, the bullish pressure remains intact — but I’m watching closely for exhaustion signs or a liquidity grab setup at the highs.

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