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