GCE
Aug. gold: 1. Our previous Friday, May 30 update indicated that a break of $1252 in Aug. gold would indicate a decline and test/attempt at $1241/$40 into Monday, June 2 (+/-1 day). 2. Today, (Monday, June 2) Aug. gold continued on the decline below $1252 and completed the $1241/$40 downside target (today’s session low, $1241.10, […]
Issued: 05/27/2014 June gold: 1. Today’s June gold declined sharply after several weeks of directionless movement. 2. While not an outright forecast, it is likely lower prices are coming, including a test/attempt at $1252/$51 (or lower). Today’s daily close was $1263.40. 3. Will message any further entry based upon the above as the market confirms.
Issued: 05/16/2014 June gold: 1. June gold continues to decline after completing the previous $1307 upside profit target (recent swing high, $1309.20). 2. Any further decline to and daily close above $1282 into Monday, May 19 (+/-1 day) will prompt new long entry for a tradable multi-day (or longer) advance. 3. Should June gold be
Issued: 05/12/2014 June gold: 1. June gold continues to trade above the $1284 closing support noted in recent gold updates. 2. Any further test of and hourly or especially daily close above $1289/$91 in Tuesday’s (May 13) session is important and will prompt new long entry. 3. Should new long entry noted above occur, initial
Issued: 05/11/2014 June gold: 1. June gold continues to test and react off the $1284 closing support noted in recent gold updates. 2. Any further test/attempt and daily close above $1284 in Monday’s (May 12) or Tuesday’s (May 13) session is important and may prompt new entry. Will message any such entry as the market
June gold: 1. Our original April 24 forecast indicated that a test and daily close above $1284 in June gold would indicate new long entry for multi-day advance to $1312 (initial profit target), then at/near $1317, or higher. 2. Since April 24 June gold has tested the $1284 level several times but continued to close
Issued: 05/01/2014 June gold: 1. Today’s (Thursday, May 1) June gold declined and triggered our $1284 protective sell stop after yesterday’s (Wed., April 30) approx. $1285 aggressive long entry and partial long position exit at $1290. 2. A daily close today below $1284 is the weaker position. Will message any further entry or indication as
June gold, 1. Continued daily and especially a weekly close above $1291 in June gold will be the earliest indication for an advance and test/attempt at $1340/$41 (or higher) next week (week of April 21) or soon after. 2. Will message any new entry based upon the above in tomorrow’s (Thursday, April 17) – Mondays
June gold: 1. In recent live meetings it was noted that any continued breakout above $1314 in June gold would advance to $1330/$31. This upside completion occurred in yesterday’s (Monday, April 14) session (yesterday’s session high, $1331.40). 2. Today’s June gold declined sharply back to the original $1291 buying territory from our recently completed long
Issued: 04/07/2014 June gold, previous update: 1. We are now trading in June gold. 2. Continued hourly and daily closes above $1288 in June gold indicate continued advance and test/attempt at $1312 (or higher) into early next week. 3. From this point forward, any touch and hourly or especially daily close above $1291 in June
