11/29/2015 – Gold

December gold:

1. In Wednesday’s (November 25) Williams edge live meeting it was noted that any hourly close below $1068 in December gold would indicate a tradable decline to $1055/$50 into early next week (week of November 30).

2. Subsequently, December gold closed hourly below $1068 (at $1065.20) and quickly declined to the $1055/$50 downside target (swing low, $1051.10). This successfully completes the forecast/trade. Will message any further entry or indication in December gold.

David Williams