Various embodiments relate to a mounting bracket for supporting a light source on a magnetic wall structure, the magnetic mounting bracket comprising: (a) base having a first magnetic contact positioned on a bottom surface of the base; (b) an arm mount affixed to the base; (c) a light mount affixed to the base; (d) at least one arm pivotally fixed to the arm mount; and (e) at least one pad each pivotally connected to an extending end of the at least one arm, each of the at least one pad having a second magnetic contact positioned on a contact surface of the at least one pad. Various embodiments further relate to a method of supporting a light source on a magnetic wall structure.