Short Gold signal by Syed Foyez Uddin
Verified trading signal on Polysignals · Expires 2/17/2026
Thesis: Bearish correction targeting the $4,880-$4,910 support zone. 1. Technical Breakdown: Gold has failed to reclaim the $4,950 pivot point, confirming that the recent "Rising Wedge" has broken to the downside. The RSI is currently neutral with a downward bias, suggesting the asset is not yet "oversold" enough to justify the 83% bullish retail sentiment. 2. Fundamental Headwinds: Trading volume is thin due to the Lunar New Year holidays in Asia, which often leads to "drift" toward major techn