Source: TradingView.com Key Takeaways Gold's retreat from its recent record high accelerated on Tuesday, with profit-taking weighing on the precious metal after strong gains in recent months. The commodity's retracement coincides with the relative strength index recently dropping below its neutral threshold, signaling waning bullish momentum and raising the possibility of a deeper short-term pullback. Investors should watch critical support levels on gold's chart around $3,850, $3,720 and $3,450, whi ...

Core Insights - Celsius Holdings Inc (NASDAQ:CELH) has seen a significant increase of 119% since the beginning of the year, with the stock currently trading at $57.69 after a 2.6% rise following Goldman Sachs' initiation of coverage with a "buy" rating and a price target of $72 [1][2]. Stock Performance - The stock is on track for its third consecutive gain, approaching its 52-week high of $63.50 reached on August 29, after a brief period of consolidation [2]. - The current short interest represents 12.5% of the stock's available float, indicating potential for a short squeeze, as this equates to three days' worth of buying power [3]. Market Sentiment - The stock's 14-day relative strength index (RSI) is at 30.3, nearing "oversold" territory, which often signals a potential short-term bounce [3]. - Options trading appears favorable, with the Schaeffer's Volatility Index (SVI) at 48%, ranking in the low 9th percentile of its annual range, suggesting that options traders are anticipating low volatility [4].