Does MACD Agree on ES and MGC? (10-minute Charts)
Educational reference. Measured from recorded market data through September 11, 2026. Not a forecast.
MACD measures momentum, as the distance between two moving averages. This page asks a narrower question than the price comparison: when MACD moves on E-mini S&P 500, does it move the same way on Micro Gold?
| Bars where MACD moved on both | 4,417 |
|---|---|
| … and moved the same direction | 2,804 (63.5%) |
| Price correlation, same period | +0.404 |
Why this is not the same as the price question
Two markets can move together while their momentum, trend strength or volatility do not. A reading that agrees far less than price suggests is exactly where one market is losing steam while the other keeps going — and a reading that agrees more is tracking something shared that direction alone does not capture.
See LiveCharts.AI forecasting MACD on both — 7-day free trial →
See the price relationship between ES and MGC →
See live predictions on LiveCharts.AI →
Questions traders ask
ES MACD trend prediction Yes. Alongside the regular MACD, LiveCharts.AI draws the predicted MACD for ES on every timeframe from 1 minute to 1 hour, updated as each candle closes. Predictive indicators →
Can ChatGPT read a ES trading chart? Yes. In LiveCharts.AI you chat with the live ES chart: ask what the predicted candles imply or where the predicted indicators turn, and the answer is about the chart in front of you. Chat with a trading chart →
Real time ES price projection LiveCharts.AI updates the ES prediction as each candle closes, so the predicted path always starts from the latest price, and the chat answers questions about the chart as it is now. AI chart analysis →