{
  "ticker": {
    "uuid": "3111d61f-8887-46ab-aec0-d987a8608e25",
    "symbol": "XAU",
    "name": "Goldmoney Inc.",
    "exchange": "TOR",
    "country": "CA",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^GSPTSE",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3c",
    "phase_label": "Stage 3C \u00b7 Breakdown watch",
    "transition": "stage_3_to_4_watch",
    "transition_label": "Stage 3 \u2192 4 watch",
    "confidence": 90.471,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Momentum cooling",
    "architecture_gate": "mixed",
    "architecture_direction": -32.073,
    "architecture_energy": 33.081,
    "architecture_maturity": 42.001,
    "architecture_confidence": 56.793,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 31.16,
        "rotation_up": 23.18,
        "upward_expansion": 13.29,
        "deceleration": 48.97,
        "rotation_down": 57.21,
        "downward_expansion": 57.29
      },
      "activity_lines": [
        14.337333,
        14.585818,
        15.063619,
        15.30157
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -1.0
    },
    "latest_close": 14.1,
    "trend_reference": 15.060667,
    "distance_from_trend": -0.063786,
    "trend_direction": "Improving",
    "fair_value": 9.944615,
    "distance_from_fair_value": 0.417853,
    "fair_value_direction": "Weakening",
    "relative_strength": -3.785709,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.125299,
    "excess_performance": 0.004878,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.063786,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.10313,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.417853,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.249001,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.037857,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.272345,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.125299,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.35183,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 42700,
      "relative_activity": 1.097827,
      "balance": 0.35183,
      "dry_up": 0.825942,
      "accumulation_observations": 1,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.115325,
      "annualized_volatility": 0.310684,
      "from_high_reference": -0.267532,
      "from_low_reference": 14099.0
    },
    "levels": {
      "trend_reference": 15.060667,
      "fair_value_reference": 9.944615,
      "structural_low": 0.001,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 9,
        "median_return": -0.031785,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.026084,
        "regime_survival": 0.666667,
        "best_return": 0.52682,
        "worst_return": -0.072907,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": -0.000944,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.008106,
        "regime_survival": 0.25,
        "best_return": 0.459046,
        "worst_return": -0.102868,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.022005,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.004881,
        "regime_survival": 0.333333,
        "best_return": 0.394239,
        "worst_return": -0.146597,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.067907,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.080817,
        "regime_survival": 0.0,
        "best_return": 0.304401,
        "worst_return": -0.168586,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-06-21",
        "end": "2024-07-19",
        "tenure": "Developing",
        "return": 0.214715,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-07-26",
        "end": "2024-08-16",
        "tenure": "New",
        "return": 0.096179,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-08-23",
        "end": "2024-08-30",
        "tenure": "New",
        "return": -0.024202,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-06",
        "end": "2024-11-15",
        "tenure": "Developing",
        "return": -0.082222,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-22",
        "end": "2024-12-06",
        "tenure": "New",
        "return": -0.001222,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-12-13",
        "end": "2025-01-24",
        "tenure": "Developing",
        "return": 0.068702,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-31",
        "end": "2025-02-21",
        "tenure": "New",
        "return": 0.002345,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-28",
        "end": "2025-04-18",
        "tenure": "Developing",
        "return": -0.008621,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-25",
        "end": "2025-05-23",
        "tenure": "Developing",
        "return": 0.048934,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-30",
        "end": "2025-06-20",
        "tenure": "New",
        "return": 0.062802,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-27",
        "end": "2025-11-21",
        "tenure": "Established",
        "return": 0.230681,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-28",
        "end": "2026-02-06",
        "tenure": "Developing",
        "return": 0.127813,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-02-13",
        "end": "2026-04-17",
        "tenure": "Developing",
        "return": 0.118737,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-24",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": -0.120948,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-18",
        "close": 9.46,
        "volume": 14700,
        "typical_volume": 30259.0,
        "trend": 9.616333,
        "fair_value": 11.013718,
        "relative_strength": 4.453615,
        "stage": 3,
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        "gate": "mixed",
        "direction": -0.783477,
        "energy": 3.323302,
        "activity_lines": [
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        "date": "2023-08-25",
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        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.209414,
        "energy": 35.96429,
        "activity_lines": [
          16.270667,
          16.431273,
          15.449143,
          14.335269
        ]
      },
      {
        "date": "2026-05-08",
        "close": 15.81,
        "volume": 69900,
        "typical_volume": 84040.0,
        "trend": 13.297667,
        "fair_value": 9.484936,
        "relative_strength": 23.448793,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.698295,
        "energy": 28.723521,
        "activity_lines": [
          16.074667,
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      },
      {
        "date": "2026-05-15",
        "close": 15.94,
        "volume": 62200,
        "typical_volume": 85730.0,
        "trend": 13.420667,
        "fair_value": 9.522372,
        "relative_strength": 24.327727,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.962906,
        "energy": 26.078373,
        "activity_lines": [
          15.958667,
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        ]
      },
      {
        "date": "2026-05-22",
        "close": 15.89,
        "volume": 38200,
        "typical_volume": 85665.0,
        "trend": 13.513,
        "fair_value": 9.560449,
        "relative_strength": 20.798319,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.25444,
        "energy": 23.939029,
        "activity_lines": [
          15.914667,
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          15.885524,
          14.837613
        ]
      },
      {
        "date": "2026-05-29",
        "close": 15.49,
        "volume": 25700,
        "typical_volume": 83890.0,
        "trend": 13.652667,
        "fair_value": 9.598526,
        "relative_strength": 15.994052,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.172548,
        "energy": 19.730544,
        "activity_lines": [
          15.764667,
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          15.941,
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      },
      {
        "date": "2026-06-05",
        "close": 15.31,
        "volume": 6700,
        "typical_volume": 82035.0,
        "trend": 13.803667,
        "fair_value": 9.633205,
        "relative_strength": 15.063965,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.125607,
        "energy": 15.36977,
        "activity_lines": [
          15.591333,
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          15.953619,
          15.072086
        ]
      },
      {
        "date": "2026-06-12",
        "close": 15.81,
        "volume": 2400,
        "typical_volume": 78755.0,
        "trend": 13.966333,
        "fair_value": 9.675256,
        "relative_strength": 16.297666,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.145876,
        "energy": 14.584562,
        "activity_lines": [
          15.632,
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      },
      {
        "date": "2026-06-19",
        "close": 15.36,
        "volume": 3200,
        "typical_volume": 75575.0,
        "trend": 14.122667,
        "fair_value": 9.714487,
        "relative_strength": 12.292697,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.841197,
        "energy": 16.101273,
        "activity_lines": [
          15.522667,
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          15.291441
        ]
      },
      {
        "date": "2026-06-26",
        "close": 14.8,
        "volume": 43000,
        "typical_volume": 72430.0,
        "trend": 14.245667,
        "fair_value": 9.751859,
        "relative_strength": 7.644211,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -6.002539,
        "energy": 16.214296,
        "activity_lines": [
          15.265333,
          15.482727,
          15.850381,
          15.33514
        ]
      },
      {
        "date": "2026-07-03",
        "close": 14.92,
        "volume": 7800,
        "typical_volume": 63275.0,
        "trend": 14.374,
        "fair_value": 9.791538,
        "relative_strength": 7.170593,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -2.933385,
        "energy": 18.215241,
        "activity_lines": [
          15.120667,
          15.350545,
          15.745905,
          15.378645
        ]
      },
      {
        "date": "2026-07-10",
        "close": 14.61,
        "volume": 25800,
        "typical_volume": 60915.0,
        "trend": 14.511333,
        "fair_value": 9.822372,
        "relative_strength": 4.39288,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.924347,
        "energy": 10.854006,
        "activity_lines": [
          14.910667,
          15.182364,
          15.610238,
          15.393871
        ]
      },
      {
        "date": "2026-07-17",
        "close": 14.55,
        "volume": 29000,
        "typical_volume": 56555.0,
        "trend": 14.658,
        "fair_value": 9.853269,
        "relative_strength": 3.622456,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.07291,
        "energy": 12.427611,
        "activity_lines": [
          14.727333,
          15.028909,
          15.475191,
          15.396366
        ]
      },
      {
        "date": "2026-07-24",
        "close": 14.39,
        "volume": 39800,
        "typical_volume": 47455.0,
        "trend": 14.794333,
        "fair_value": 9.883269,
        "relative_strength": 1.712498,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -29.251917,
        "energy": 23.080586,
        "activity_lines": [
          14.574667,
          14.869273,
          15.33281,
          15.379075
        ]
      },
      {
        "date": "2026-07-31",
        "close": 14.42,
        "volume": 17000,
        "typical_volume": 43285.0,
        "trend": 14.927,
        "fair_value": 9.91359,
        "relative_strength": 1.895763,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -29.02726,
        "energy": 23.185048,
        "activity_lines": [
          14.496667,
          14.743273,
          15.207238,
          15.354925
        ]
      },
      {
        "date": "2026-08-07",
        "close": 14.1,
        "volume": 42700,
        "typical_volume": 38895.0,
        "trend": 15.060667,
        "fair_value": 9.944615,
        "relative_strength": -3.785709,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -32.072834,
        "energy": 33.081453,
        "activity_lines": [
          14.337333,
          14.585818,
          15.063619,
          15.30157
        ]
      }
    ],
    "method": {
      "price_basis": "completed market observations",
      "trend": "Trend provides the primary directional reference.",
      "fair_value": "Fair Value provides long-term price context and is not a forecast or target.",
      "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.",
      "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read."
    }
  }
}