06/22/2015 – Gold

Issued: 06/22/2015

August gold:

1. Today’s August gold declined sharply in response to the forecast June 19 (+/-1 day) daily market top. We remain long August gold and knowingly held through this top and it’s likely subsequent decline.

2. A daily close today above $1192 is the stronger position. Will update.

3. Our protective sell stop remains at $1186. This stop will be moved higher as the market continues to confirm.

David Williams

Issued: 06/22/2015

August gold:

1. Our recent long entry in August gold from approximately $1195 exited an initial portion at/near $1201.

2. Today’s August gold declined sharply and triggered our recent $1186 protective sell stop, resulting in a partial loss on the position.

3. Today’s sharp decline is an important and unusual development. Will message any further entry or indication in August gold.

David Williams

Issued: 06/18/2015

August gold:

1. As noted in our Mon., June 15 Williams edge live meeting any hourly or especially daily close above $1190 in August gold will place the market into a ‘Buy’ position for further advance to higher prices, including a test/attempt at $1228/$30 into July (+1 month).

2. Today’s (Thurs., June 18) August gold session closed hourly (and will likely close daily) above the critical $1190 level (hourly closed at $1195.60 indicating new long entry).

3. Initial long position exit should be taken at current prices (current price $1201.30).

4. A protective sell stop should be placed at $1183. This stop will be moved higher as the market continues to confirm.

David Williams

Issued: 06/18/2015

August gold:

1. We remain long August gold. Our protective sell stop has been raised to $1186. Our protective sell stop will continue to be moved higher as the market continues to confirm. Will update.

David Williams