Gold - a Wyckoff Distribution in the Making
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An explanation on chart of the various phases to this Wyckoff Distribution.
For the coming week it is likely we will see the final Phase D of this pattern evolve with
a small range consolidation of the Last Point of Supply (LPSY).
From there, a confirmed break and retest of the consolidation, before a DROP to
the Demand Zone.
For the coming week, there is a Bearish Bias on Gold.
For the coming week it is likely we will see the final Phase D of this pattern evolve with
a small range consolidation of the Last Point of Supply (LPSY).
From there, a confirmed break and retest of the consolidation, before a DROP to
the Demand Zone.
For the coming week, there is a Bearish Bias on Gold.
Note
Getting there, 2360 is still the target.
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