Is gold headed lower still?

With Iran war seemingly resolved, Fed meeting behind us and inflation data out (for May month), there does not appear to be many catalysts ahead for crypto (or gold) in the near-term.

Hence, prices are likely to revisit recent lows, which presents profitable Short Selling opportunities.

Yesterday, we shared a couple of market scans to identify Short Sell candidates : assets in Downtrend that have temporarily bounced up to their resitance levels. See blog. These are ripe for Shorting.

Here are two other potentials sources for ideas for traders:

Think of these as machine versus human.

Here’s a trade setups identified by our Chart Pattern recognition engine: GOLD

PAXG (Gold) is trading in a Channel Down pattern. After a brief bounce up, price got rejected at the channel resistance trendline and is likely to resume its Downtrend to the channel support trendline near $3,800. That’s a potential +8.57% profit potential from Short Selling.

That’s according to the AI analysis:

Another section on the altFINS platform that offers human expert trade setups for top 50 altcoins and BTC is our Technical Analysis section.

Currently, there are several Bearish and some Bullish trade setups available:

In summary, there are multiple ways to identify Short Sell trade ideas using altFINS tools, including Screener, AI Chart Patterns and expert trade setups.

Find what works best for you.

And be sure to join our VIP telegram group for more discussions of trade ideas and strategies.

Take advantage of altFINS’ API + MCP server to accelerate your development, even with simple vibe coding with Claude integration. You don’t have to be a programmer anymore to create trading apps and algos.

altFINS’ API is the only API that includes 150+ indicators and 130+ signal types already pre-calculated so you don’t waste time or credits when developing, backtesting, etc.

Learn more here.

We just launched a special offer and we want to make sure you don't miss it.

For a limited time, every qualifying altFINS Yearly and Lifetime plan comes at 50% off - and includes a complimentary $10,000 Prop Trading Challenge. No separate fee. No catch. This is typically priced at $259 by our partner.

Pass the challenge and you get access to a funded trading account, with $10K in capital. You keep 70–90% of profit you generate on that $10K. If you earn 20% profit, you get to keep $1,400- $1,800 of that! You don't risk your own capital.

If you’re an existing member with Essential and Premium Annual plan or any Lifetime plan, email us requesting $10K challenge at [email protected]

If you’re not a VIP, consider taking advantage of this special offer.

The $10K Prop Trading Challenge is typically priced at $219 but it’s now bundled for free in our Annual (Essential and Premium) plans and all Lifetime plans.

Learn more here.