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05/15/2015 – Gold

Issued: 05/14/2015

June gold:

1. Today’s June gold completed the recent forecast advance from $1196-$1227/$30.

2. Today’s daily close below $1224 indicates a test/attempt at $1214/$13 which may prompt new short entry in tomorrow’s session. Will update as the market confirms.

David Williams

Issued: 05/15/2015

June gold:

1. Yesterday’s (Thurs., May 14) daily close below $1224 in June gold indicated a test/attempt at $1214/$13 into today (Fri., May 15). Yesterday’s daily close was $1220.70.

2. Today’s (Fri., May 15) June gold declined and completed the $2114/$13 downside target prior to our short entry attempt intended for today. This completes the forecast. 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.