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04/17/2016 – Gold

  • Gold

June gold:

1. In Friday’s (April 15) Williams edge live meeting it was noted that continued hourly or especially a daily close above $1223 could be bought for advance to $1243/$44 into Monday, April 18. The current price of June gold was $1233 at the time.

2. Subsequently, June gold advanced and today (Monday, April 18) completed the $1243/$44 upside target (today’s session high, $1243.30, so far). This successfully completes the forecast/trade. Will message any further entry or indication in June 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.