UBG - Gold: Look Out Below
We use the proprietary Variable Changing Price Momentum Indicator (VC PMI) to analyze markets. The VC PMI is based on artificial intelligence and an advanced algorithm. It can be used to trade stocks, ETFs, futures or options. We specialize in the precious metals and the E-mini, looking for day, swing and long-term trades.
Gold: Weekly Data and Triggers
Summary
The weekly trend momentum of $1,727 is bullish.
The weekly VC PMI of $1,736 is bullish.
A close below $1,736 stop negates this bullishness to neutral.
If long, take profits $1,772-$1,791.
The weekly trend momentum is