10/30/2015 – Gold

December gold:

1. Since last week (week of October 19) in our Williams edge futures meeting it was noted that December gold (then trading at approximately $1164) was expected to continue to decline and test $1143 into this week (the week of October 26).

2. Subsequently, December gold continued to decline into this week and has completed the $1143 downside target (this week session low $1140.10, so far). This represents an approximately 21 point decline and completes the forecast/trade. Will message any further entry or indication in December gold.

David Williams