10/12/2017 – Gold
December gold:
1. In Mondays (10/09) Williams edge live meeting it was noted that a daily close above $1285 should be bought for a tradable advance to $1291 (initial profit target) then $1300/$01 expected into Thursday, October 12.
2. Subsequently, Monday’s daily close was above $1285 ($1286.25) indicating new long entry. December gold advanced and completed the $1291 initial profit target (swing high, $1296.70) and today (Thursday, 10/12) completed the $1300/$01 final upside profit target (today’s session high, $1299.80). This successfully completes the forecast last 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.