01/08/2017 – Gold

February gold:

1. In last Fridays (January 6) Williams edge live meeting (and subsequent Pro room) it was indicated that $1171 was likely buying territory for an advance to $1180/$81 expected into this week (week of January 9).

2. Subsequently, February gold firmed up on $1171 (swing low, $1171.10) and today (Monday, January 9) completed the $1180/$81 upside target (today’s session high, $1182.40, so far). This successfully completes the forecast/trade. Will message any further entry or indication in February gold.

David Williams