My people, the market is showing clear rejection at the highs and sellers are stepping in with strength.
$GNO — SHORT SETUP
Trade Plan
Entry: $123.5 – $125
Stop Loss: $127.2
TP1: $121
TP2: $118.5
TP3: $115
Why this setup makes sense Price has pushed into a strong resistance zone after an extended move.
Upper wicks on the 1H timeframe clearly show selling pressure.
Momentum is slowing, and a pullback toward previous demand looks likely.
Now the real question Can bulls still push above $126, or is this the local top?
Trade smart. Manage risk. Let the chart decide.
GNO
127.7
+2.25%