02/22/2016 – Gold
Issued: 02/22/2016
April gold:
1. As noted in today’s (Monday, February 22) Williams edge live meeting it was noted that April gold was likely to test/attempt (or higher) into Wednesday, February 24 (+/-1 day).
2. The above forecast remains valid as long as the market continues to close hourly or especially daily above $1202. Will update on this in tomorrow’s session.
David Williams
Issued: 02/23/2016
April gold:
1. As noted in Monday’s, February 22 Williams edge live meeting (and subsequent report) it was noted that April gold was likely to test/attempt (or higher) into Wednesday, February 24 (+/-1 day).
2. Today (Tuesday, February 23) April gold advanced and completed the $1222/$23 upside target, successfully completing the forecast/trade (today’s session high, $1226.80, so far).
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.