07/12/2015 – Gold

Issued: 07/12/2015

August gold:

1. Our previous August gold report indicated that a daily close above $1155 (and worst-case, $1153) in August gold would indicate a fast advance and test/attempt at $1170 (or higher) into Thursday, July 9 (+/-1 day). Traders long from approximately $1157, or higher.

2. An initial long position exit should be taken at current prices (current price, $1162.00).

3. Our protective sell stop has been raised to $1156. This stop will continue to be moved higher as the market continues to confirm.

David Williams

Issued: 07/13/2015

August gold:

1. Our previous August gold report indicated that a daily close above $1155 (and worst-case, $1153) in August gold would indicate a fast advance and test/attempt at $1170 (or higher) into Thursday, July 9 (+/-1 day). Traders are long from approximately $1157, or higher.

2. An initial long position profit exit was taken yesterday (Sunday, July 12) at $1162.00.

3. Today, (Monday, July 13) our near breakeven protective sell stop was hit at $1156, resulting in a small but succesful trade. Will message any further entry or indication in August gold.

David Williams

Issued: 07/08/2015

August gold:

1. Continued hourly and especially a daily close today above $1155 (and worst-case, $1153) in August gold will indicate a fast advance and test/attempt at $1170 (or higher) into tomorrow, Thursday, July 9 (+/-1 day.

2. Once long, a protective sell stop should be placed at $1149.80. This stop will be moved higher as the market continues to confirm. Will update.

David Williams

Issued: 07/09/2015

August gold:

1. Our previous August gold report indicated that a daily close above $1155 (and worst-case, $1153) in August gold would indicate a fast advance and test/attempt at $1170 (or higher) into tomorrow, Thursday, July 9 (+/-1 day).

2. Today (Thursday, July 9) gold advanced, making a swing high of $1166.90 against the $1170 upside target. Higher prices remain possible.

3. Our protective sell stop has been raised to $1154. This stop will continue to be moved higher as the market continues to confirm.

David Williams