04/12/2016 – Gold

June gold:

1. In yesterday’s (Tuesday, April 12) Williams edge live meeting it was noted that a daily close below $1260 in June gold should be shorted for a quick one-day decline to $1242/$41.

2. Subsequently, June gold closed at $1257.40 (below $1260) indicating new short entry. Today (Wednesday, April 13) June gold declined quickly and completed the $1242/$41 downside profit target (today session low, $1241.40, so far). This successfully completes the forecast/trade. Will message any further entry or indication in June gold.

David Williams