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11/03/2016 – Gold

  • Gold

December gold:

1. Since November 1 in our Williams edge Pro trading room it was noted that the current advance in December gold (at the time trading at $1285) should continue beyond $1292 and complete $1308/$09.

2. Subsequently, December gold advanced beyond $1292 and yesterday (Wednesday, November 2) completed the $1308/$09 upside target (yesterday’s swing high, $1309.30). 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.