Issued: 02/03/2015
April gold:
1. Any hourly or especially a daily close below $1258 in April gold places the market into a ‘Sell’ position for a further decline and test of $1244/$41 (or lower) later this week (week of Feb. 2).
2. Further trade details will be messaged if the market confirms as noted above.
David Williams
Issued: 02/06/2015
April gold:
1. Our recent Tues., Feb. 3 report indicated that any hourly or especially a daily close below $1258 in April gold places gold in a ‘Sell’ position for a further decline and test of $1244/$41 (or lower) later this week (week of Feb. 2).
2. Today (Fri., Feb. 6) April gold broke below the $1258 level and declined sharply to the forecast $1241 downside target (today’s session low, $1237.30, so far). The decline happened very quickly. This completes the intended trade. Will message any further entry or indication in April gold.
David Williams