07/04/2016 – Gold
August gold:
1. Beginning on Wednesday, July 29 in our Williams edge live meeting it was noted that any daily close in August gold above $1322 (aggressive entry) or $1327 (ordinary entry) could be bought for a multi-day advance to $1360, expected on Tuesday, July 5.
2. Subsequently, August gold closed above $1322 on Thursday, August 20 and quickly advanced to complete the forecast $1360 upside target (today’s (Monday, July 4) swing high, $1360.30, so far). This successfully completes the forecast/trade. 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.