1. Beginning on Thursday, September 17 in our Williams edge live meetings it was noted that December gold was expected to top on Friday, September 18 with no daily close above $1139, then decline into September 21 + 1 day down to $1123/$22 which would be buying territory for a further advance to $1156/$57 expected during the week of September 21.
2. Subsequently, December gold advanced into Friday, September 18 and closed the session at $1139.10. The market then declined into September 22 and completed the $1123/$22 downside target (swing low, $1120.50). The market then advanced today (Thursday, September 24) and completed the $1156/$57 upside target expected this week (today swing high, $1155.40, so far).
3. This 3 step roadmap is likely the beginning of a much larger move for an advance and test of $1185/$90 into November 2015, as noted in previous meetings. Will update with further trading information as the market continues to confirm.