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06/12/2017 – Gold

  • Gold

August gold:

1. In yesterday’s (Monday, June 12) Williams edge live meeting it was noted that while not outright forecast, a further decline in August gold to $1261/$60 remained likely in putting in the forecast daily bottom due today, (Tuesday, June 13) +/-1 day.

2. Subsequently, August gold declined further and today completed the $1261/$60 downside target (today’s session low, $1260.50, so far). This successfully completes the indication. Will message any further entry or indication in August 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.