04/30/2014 – Gold

Issued: 05/01/2014

June gold:

1. Today’s (Thursday, May 1) June gold declined and triggered our $1284 protective sell stop after yesterday’s (Wed., April 30) approx. $1285 aggressive long entry and partial long position exit at $1290.

2. A daily close today below $1284 is the weaker position. Will message any further entry or indication as the market confirms.

David Williams

Issued: 04/24/2014

June gold:

1. Any further touch and hourly or especially daily close above $1284 in June gold will indicate new long entry at or near $1284.00 for a multi-day advance and test/attempt at/near $1312 (initial profit target), then at/near $1317, or higher.

2. Should the above set up occur, an initial protective stop should be placed at $1274.00. This stop will be moved higher as the market continues to confirm.

3. Should the above set up remain unconfirmed, an alternate long entry will be messaged in a subsequent update.

David Williams

Issued: 04/29/2014

June gold:

1. Today’s June gold session declined and attempted our buying territory at/near $1284 noted in the previous update (today’s session low, $1286.10).

2. Today’s daily close above both $1284 and $1292 ($1292 noted in our previous live meeting) is the stronger position and the earliest indication for a test/attempt of $1312/$13 (or higher) into Thursday May 1 (+/-1 day).

3. Will message any new entry based upon the above in tomorrow’s (Wednesday’s April 30) session if the market continues to confirm.

David Williams

Issued: 04/30/2014

June gold:

1. Today’s (Wed., April 30) June gold declined and tested the original buying territory at/near $1284 noted in previous updates (today’s session low, $1284.90, so far).

2. Aggressive longs from today’s test of $1284 should exit initial positions at current prices (current price $1290).

3. An initial protective sell stop should be placed at $1284.00. This stop will be moved higher as the market continues to confirm.

David Williams