05/18/2017 – Gold

June gold:

1. In yesterday’s (Wednesday, May 17) Williams edge live meeting it was noted that traders could short June gold at/near $1265 for an important, tradable decline.

2. Subsequently, June gold made a swing high of $1265 allowing new short entry. The market reversed lower, as expected Partial short position profit exits were messaged today (Thursday, May 18) at/near $1252/$51 and final exits were messaged today at/near $1247/$46, successfully completing the trade. Will message any further entry or indication in June gold.

David Williams