08/11/2017 – Gold
December gold:
1. On Wednesday, August 9 in our Williams edge live meeting it was noted that any hourly or daily close above $1280 in December gold could be bought for continued advance to $1288 (initial profit target), then $1297/$1300 final long position exit.
2. Subsequently, December gold closed both hourly and daily above $1280 and quickly completed the $1288 initial upside profit target. Today, Friday, August 11 December gold completed the final $1297/$1300 upside profit target (today’s session high, $1298.10, so far). This successfully completes the forecast/trade. Will message any further entry or indication in December gold.
David Williams
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.