Often used metaphorically to describe human ability to detect something not obvious. A good journalist can smell out an untold story.
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Intuition
It emphasizes using one's intuition rather than concrete evidence. She could smell out dishonesty, even when there were no clear signs.
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Subtle Clues
Refers to identifying something by picking up on subtle signs or clues. He was able to smell out the company's financial issues before they were announced.