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01/11/2015 – Gold

  • January 11, 2015
  • Gold

Issued: 01/09/2015

February gold:

1. Aggressive can go long February gold at current prices (current price $1219). Continued daily closes above $1212 kkeep the position intact. Will update.

David Williams

Issued: 01/06/2015

February gold:

1. In Monday’s (Jan. 5) Williams edge live meeting it was noted that any daily close above $1201 in February gold could be used to signal new long entry for a multi-week advance to $1238, then $1245/$46.

2. Yesterday’s session advanced and closed $1205.10 (above $1201.00 noted earlier) signaling new long entry. Although no explicit long entry was messaged, some subscribers used yesterday’s strong daily close for new long entry. Those subscribers should exit a portion of their position at current prices (current price $1218.00).

3. Further long entry may be messaged in a subsequent update should any important decline or other long entry indication occur in Feb. gold. Will update as the market continues to confirm.

David Williams

Issued: 01/12/2015

February gold:

1. Today’s February gold continued on the recent forecast advance and made it’s first attempt at the initial $1238 upside target noted in previous reports (today’s session high, $1231.30, so far).

2. If not already done at today’s higher prices, a long position exit should be taken at current prices (current price $1223.50).

3. A protective sell stop should be placed at $1214.00. The stop will continue to be moved higher as the market continues to confirm.

David Williams

Issued: 01/08/2015

February gold:

1. With regard to our previous February gold report, any further test of and daily close above $1202/$01 is important and may prompt new long entry, if occurs. Will update.

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.

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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.
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