$G just printed a textbook double top on the weekly chart — the 10.4B volume blowoff week is now reversing hard
$G $0.00339 Short TP $0.00325 SL $0.00348
3.2B volume distribution candle on June 26 created the first top at $0.00448, and the weak recovery to $0.00415 had 50% less volume — classis bearish divergence with a lower high rejection.
Price just broke below the $0.00350 support zone and is accelerating toward the double top neckline at $0.00310; a 72% pump in 3 days followed by 2 failed retests is a textbook sell signal.
DYOR
$G $0.00339 Short TP $0.00325 SL $0.00348
3.2B volume distribution candle on June 26 created the first top at $0.00448, and the weak recovery to $0.00415 had 50% less volume — classis bearish divergence with a lower high rejection.
Price just broke below the $0.00350 support zone and is accelerating toward the double top neckline at $0.00310; a 72% pump in 3 days followed by 2 failed retests is a textbook sell signal.
DYOR