1. In yesterday’s (Wed., April 8) Williams edge live meeting it was noted that any hourly close below $1201 in May gold would indicate new short entry for a decline and test/attempt at $1196/$95.
2. Yesterday’s May gold session closed hourly below $1201, prompting new short entry. In the live meeting it was noted that no price movement back above $1206 was expected once the hourly close below $1201 occurred.
3. Today’s (Thurs., April 9) May gold session declined and completed the forecast $1196/$95 downside profit target, completing the trade. Will message any further entry or indication in May gold.