11/08/2017 – Gold
December gold:
1. In last Fridays (11/03) Williams edge live meeting (and subsequent sessions) it was noted that continued daily closes above $1266 could be bought in December gold for a multi-day advance to $1285/$86 expected into Thursday 11/09 (+/-1 day).
2. Subsequently, December gold closed that day above $1266 (at $1270.20) indicating new long entry. Today (Wednesday 11/08) December gold completed the $1285/$86 upside target (today’s session high, $1288.10, 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.