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pierreradjudin
Sep 29, 2020 5:58 PM

Gold enter distribution phase, big short! Short

Gold/U.S. DollarFXCM

Description

As previously predicted, gold has finally reached the peak of the speculator accumulation phase and will soon be distributed to retail. Likely to fall very sharply, before finally going back to continue bullish until the end of the year. Distribution phase will most likely take place tomorrow, but it might happen at the end of today's trading session.
Comments
rameezcfa
Hmmmm, lets see how this goes tomorrow. what's the top it can make in distribution phase ?
pierreradjudin
@rameezcfa, when entering the distribution phase the price will go down, looks like still going sideways until the US trading session.
Jack_Brown
It looks to be turning down from here 1896.00. to your south target within the next two hours or by the debate time 21:00 - 22:30 New York Time
pierreradjudin
@Jack_Brown, looks like still going sideways until the US trading session, because there are some sentiments that speculators and bookies are still waiting for.
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