03/30/2015 – Gold
April gold:
1. In Fridays (Mar. 27) Williams edge live meeting it was noted that April gold was likely to provide a tradable decline from the then current price of approximately $1197 down to $1187 into Mon. Mar. 30.
2. Today’s (Mon., Mar. 30) April gold declined to the $1187 downside target, making a session low, of $1181.60, so far. This completes the trade/indication. Will message any further entry or indication in June gold (we are rolling into the June contract today).
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.