07/26/2015 – Gold

Issued: 07/27/2015

August gold:

1. In our Friday, July 24 Williams edge meeting it was noted that August gold, while still in a compressed ongoing downtrend was expected to have a quick reversal and test of $1105/$07 into Monday, July 27 (+/-1 day).

2. This placed August gold into a ‘Buy’ position on Friday July 24, for new long entry during the live meeting (at/near $1085) or at $1096 based on the later day published report for the above-noted advance.

3. Today’s (Monday, July 27) August gold completed the majority of forecast advance, reaching a session high of $1104.40 against the $1105 minimum upside target noted in the original trade. This completes the trade. Will message any further entry or indication in August gold.

David Williams

Issued: 07/24/2015

Issued: 07/24/2015

August gold:

1. In today’s (Friday, July 24) Williams edge live meeting it was noted that August gold, while still in a compressed ongoing downtrend was expected to have a fast reversal and test of $1105/$07 into Monday, July 27 (+/-1 day).

2. August Gold has reversed and is currently trading at $1096. This places August gold into a ‘Buy’ position for the above-noted advance.

3. Once long, a protective sell stop should be placed at $1087. This stop will be moved higher as the market continues to confirm.

David Williams