02/16/2015 – Gold

April gold:

1. In Friday’s (February 13) Williams live meeting it was noted that April gold would find $1236 as important resistance and could be sold short for a tradable decline to $1220/$18 into early the following week (week of Feb. 16).

2. Subsequently, April gold advanced to a swing high of $1236.70 before reversing sharply and completing the forecast $1220/$18 downside target today (Tues., Feb. 17). This completes the trade. Will message any further entry or indication in April gold.

David Williams