1. Our original April 24 forecast indicated that a test and daily close above $1284 in June gold would indicate new long entry for multi-day advance to $1312 (initial profit target), then at/near $1317, or higher.
2. Since April 24 June gold has tested the $1284 level several times but continued to close above it. Today’s (May 5) session continued on Fridays up move and completed the $1312 initial upside target and made its first attempt at $1317, as well (today’s session high, $1315.80, so far).
3. Will message any further entry or indication in June gold.