01/22/2017 – Gold

February gold:

1. On Thursday, January 19 it was noted that a daily close above $1197 in February gold would indicate a tradable advance back up to $1216 into Tuesday, January 24 (+/-1 day).

2. Subsequently, February gold closed Thursday, January 9 at $1204 (above $1197) and today (Monday, January 23) completed the $1216 upside profit target (today’s session high, $1219.40, so far). This successfully completes the forecast/trade. Will message any further entry or indication in February gold.

David Williams