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10/17/2016 – Gold

  • Gold

December gold:

1. Beginning on Friday, October 14 in our Williams edge meeting it was noted that continued hourly closes above $1252 in December gold could be bought for a quick advance to $1263/$64 into Monday/Tuesday, October 17/18.

2. Subsequently, December gold continued to close hourly and daily above $1252 and today (Tuesday, October 18) completed the forecast $1263/$64 upside target (today’s session high, $1265.00, so far). This successfully 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.