05/06/2016 – Gold

June gold:

1. In recent Williams edge live meetings it was noted that a daily close above $1272/$73 in June gold would indicate a quick advance to $1293/$94 into Friday, May 6.

2. Subsequently, June gold closed on Thursday, May 5 at $1279.60 (well above $1272/$73) and today (Friday, May 6) June gold completed the advance to $1293/$94 (today session high, $1297, so far). This completes the forecast/trade. Will message any further entry or indication in June gold.

David Williams