03/15/2017 – Gold

April gold:

1. For the past 2 days in our Williams edge live meetings we noted that any hourly or especially daily close above $1207 would lead to a tradable advance to $1220/$21.

2. In response to today’s (Wednesday, March 15) fed interest rate announcement April gold quickly advanced and closed hourly above $1207 at $1212.50. This prompted new long entry based upon the above. Subsequently, April gold continued to advance and completed the majority of the forecast $1220/$21 upside target (today’s session high, $1219.70, so far). Will message any further entry or indication in April gold.

David Williams