09/22/2015 – Gold

Issued: 09/22/2015

December gold:

1. Our previous (Thursday, September 17) December gold report indicated that any failure at $1134/$39 would indicate a multi-day decline and test of $1124/$23 (or slightly lower) into Monday, September 21 (+/-1 day). This was expected to mark an important bottom in December gold for further advance.

2. Today (Tuesday, September 22) December gold completed the decline to $1124/$23 (today’s session low, $1120.50, so far), completing the forecast/trade. As noted originally, this may mark an important bottom of for further substantial advance. Will update.

David Williams

Issued: 09/17/2015

December gold:

1. Higher prices remain possible in December gold. However, failure at $1134/$39 will indicate a multi-day decline and test of $1124/$23 (or slightly lower) into Monday, September 21 (+/-1 day). This is expected to mark an important bottom in December gold for further advance.

2. The above indication will be negated upon any 2 hour or daily close above $1140. Will update.

David Williams