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09/16/2015 – Gold

  • Gold

December gold:

1. Our previous September 16 December gold report contained a series of reports which began on Monday, September 7. The Monday, September 7 report indicated that December gold (then trading at approximately $1122) should decline to a bottom on September 10 (+/-1 day) and then advance 26 points off that day’s price low.

2. Subsequently, December gold declined to a September 11 bottom at $1097.70 and today (Wednesday, September 16) completed the forecast 26 point advance to $1123.70 (today’s session high, $1123.70). This completes the forecast/trade. Will message any further entry or indication in December 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.