03/23/2017 – Gold
April gold:
1. In Mondays (March 20) Williams edge live meeting (and later sessions) it was noted that any hourly close above $1234 could be bought for further advance and a completion of $1253 as the final upside profit target.
2. Subsequently, April gold closed hourly above $1234 (at $1242) indicating new long entry. Today (Thursday, March 23) April gold completed the $1253 upside profit target (today’s session high, $1253.30, so far). This successfully completes the forecast/trade. Will message any further entry or indication in April gold.
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.