Long trade

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Long trade Micro Gold FuturesCOMEX_MINI_DL:MGC1!davidjulien369 Pair/Asset: MGC1! (Micro Gold Futures) Trade Type: Buyside trade (Trade Idea) Date: Tuesday, 30th Sept 2025 Session: 6:00 AM Trade Details Entry: 3841.3 Profit Level (TP): 3914.2 (+1.90%) Stop Level (SL): 3822.0 (-0.50%) Risk–Reward (RR): 3.78 Technical Narrative Market Context: Gold retraced sharply overnight, creating multiple fair value gaps (FVGs) on the 5m chart. The strong rebound at ~3820 formed a structural low + BSLQ sweep, suggesting liquidity taken below support. A bullish recovery candle with high volume confirmed aggressive buyers stepping in. Entry Justification: Entry at 3841.3 coincided with the demand zone after the sweep. EMA/WMA realignment showed a momentum shift back to the upside. Volume spike supported bullish intent. Target Rationale: TP at 3914.2 chosen just below the prior swing high & inefficiency zone. Broader context: If USD shows weakness during the NY session, upside continuation is likely? DYX (1Hr TF) overview