Idea for Gold (XAUUSD): - This is a Wyckoff Distribution Forecast of Gold.
Wyckoff Definitions: BC - Buying Climax SOW - Sign of Weakness UT - Upthrust LPSY - Last Point Of Supply
Wyckoff Phases: Phase A - Stopping of prior uptrend Phase B - Building a cause for preparation for a new downtrend Phase C - Test of remaining demand Phase D - Supply showing dominance Phase E - Unfolding of the downtrend
GLHF - DPT
Trade ativo
Speculation: - Governments will be dumping their paper gold on speculative frontrunners of Basel III at peak inflation until it reaches a suitable price for re-accumulation.
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