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02/03/2016 – Gold

  • Gold

Issued: 02/01/2016

April gold:

1. As noted last week (and earlier) April gold is expected to complete $1135/$36 (or higher) this week (week of February 1). Today’s (Monday, February 1) session broke to new recent highs at $1130.20.

2. Substantially higher prices remain possible including a test/attempt at $1149/$50 (or higher) into March 2016. Will update.

David Williams

Issued: 02/03/2016

April gold:

1. As noted last week (and earlier) April gold is expected to complete $1135/$36 (or higher) this week (week of February 1). Today’s (Monday, February 1) session broke to new recent highs and completed the $1135/$36 upside target (today’s session high, $1141.25, so far).

2. Substantially higher prices remain possible including a test/attempt at $1149/$50 (or higher) into March 2016. Will update.

David Williams

Issued: 02/04/2016

April gold:

1. Beginning the final week of January 2016 April gold was forecast to advance from $1116 to $1135/$36 during the week of February 1. The final upside profit target was $1149/$50, expected into March 2016.

2. Today (Thursday, February 4) April gold completed the $1149/$50 upside target, successfully completing the forecast/trade. Higher prices remain possible. Will message any further entry or indication in April 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.