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home / news releases / UBG - Gold: Buy Corrections Into Low 1500s


UBG - Gold: Buy Corrections Into Low 1500s

In my last Seeking Alpha gold report on August 19, 2019, I said that because the market closed above the average price as we came into the week at $1,520, it activated the sell 1 (S1) target of $1552. I said, if the market reaches $1,552 and closes above it using the 15-minute bar, it activates the $1,579 target. I also said that if the price closes below $1,520, it would activate a bearish trend momentum, negating this bullish trend momentum. The fact that the trend momentum turned bearish would activate the targets of Buy

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Stock Information

Company Name: UBS AG Jersey ZC SP ETRACS REDEEM 05/04/2038 USD 25 - 902641810
Stock Symbol: UBG
Market: NYSE

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