03/23/2016 – Gold

April gold:

1. In Tuesdays (March 22) Williams edge live meeting it was noted that a daily close below $1259/$62 in April gold would indicate a tradable decline and test of $1237/$35 (or lower) into Wednesday, March 23.

2. Subsequently, April gold declined into Wednesday, March 23 and completed the $1237/$35 downside target and lower (today’s session low, $1215.40, so far). This successfully completes the forecast/trade. Will message any further entry or indication in April gold.

David Williams