GCE
Dec.gold: 1. In our recent Mon. Nov. 3 Williams edge live meeting it was noted that Dec. gold (then trading at approx. $1165) was expected to decline further and test/attempt $1157/$55 (or lower) into Tue., Nov. 4 (+1 day). This was not issued as a new trade but as a forecast to judge the market’s […]
Issued: 10/31/2014 Dec. gold: 1. (Yesterday’s (Thurs., Oct. 30) Dec. gold update indicated that the forecast wide-open break in gold was expected to continue from the then current price of approximately $1200 down to $1189/$88 (or lower) prior to the ending of the forecast decline. 2. Today’s Dec. gold completed the $1189/$88 downside target and
Issued: 09/23/2014 Dec. gold: 1. In yesterday’s (Mon., Sept. 22) Williams edge live meeting it was noted that continued daily and especially a weekly close above $1214 in Dec. gold would initiate an advance and test/attempt at $1249/$50 into next week (week of Sept. 29). 2. Yesterday’s (Mon., Sept. 22) Dec. gold session closed at
Issued: 09/16/2014 Dec. gold: 1. Continued daily closes below $1241 in Dec. gold are the weaker position and indicate further decline to $1223/$22 (or lower) late this week (week of Sept. 15) 2. Will message any new entry based upon the above in tomorrow’s (Wed., Sept. 17) session. David Williams Issued: 09/17/2014 Dec. gold: 1.
Issued: 09/11/2014 Dec. gold: 1. Today’s Dec. gold futures continued on the recent decline, breaking to new recent lows at $1235.30 and closing the session at $1240.90. Both of these prices are below our recent forecast $1249/$47 downside target. 2. Although today’s break below $1249/$47 is an important price event, both $1237 and (worst-case) $1214
Dec. gold: 1. Our Tues., Sept. 2 report forecast further decline in Dec. gold and a test/attempt at $1249/$47. 2. In Monday’s (Sept. 8) Williams edge live meeting it was noted that traders could sell short Dec. gold (at the then current price of $1257) for the expected completion of $1249/$47. 3. Today’s Dec. gold
Issued: 09/02/2014 Dec. gold: 1. Today’s Dec. gold continues to test the $1268/$67 downside target noted in previous updates. 2. Next week (the week of September 8 +/-1 week) is the next important weekly market bottom. 3. A daily close today (Tues., Sept. 2) below $1267 is considered the weaker position in Dec. gold and
Dec. gold: 1. Our recent (Thurs., Aug. 21) Dec. gold update indicated lower prices, including a test/attempt at $1268/$67 prior to the ending of the current decline. 2. Today’s (Tues., September 2) Dec. gold session completed the $1268/$67 downside target (today’s session low, $1265.70, so far). 3. Although the market took longer than usual to
Issued: 08/13/2014 Dec. gold: 1. Dec. gold is again at a critical juncture inside the ongoing uptrend off the Aug. 1 low. 2. The recent completion of the $1316/$17 upside target (noted in the previous report) would normally indicate a tradable decline and test/attempt at $1306 (or lower) into late this week (week of Aug.
Issued: 08/10/2014 Dec. gold: 1. Continued hourly and especially daily closes above $1308, or $1305 indicates a further advance and retest of $1317/$18 (or higher) into mid-week (week of Aug. 11). 2. Therefore, any further test and hourly or daily close above $1308, or $1305 indicates new long entry for the above-noted advance. 3. Will
