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home / news releases / UBG - Gold: Daily Targets Completed Activated Weekly Bullish Trend Momentum And Sentiment


UBG - Gold: Daily Targets Completed Activated Weekly Bullish Trend Momentum And Sentiment

Gold traded last at $1,469.30. The market is up $4.30. On the chart, you can see that the daily signals from the Variable Changing Price Momentum Indicator (VC PMI) are at $1465, which is the daily average price. On the right, you can see that the weekly average price is $1,465. Whenever we see the relationship between the daily and weekly harmonically aligned like this, it is usually a very high probability signal that we can identify. The market has reverted back from that mean daily average of $1465 and pretty much on the weekly.

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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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