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home / news releases / UBG - Gold: Making The Winter Lows Before The Spring Stimulus Rally

UBG - Gold: Making The Winter Lows Before The Spring Stimulus Rally

UBS AG Jersey ZC SP ETRACS REDEEM 05/04/2038 USD 25 - 902641810
  • Long silver positions and ETFs rose to a record Thursday of 912,058 troy ounces.
  • However, long gold positions are being liquidated, as long positions fell to 5¾ month low on December 22.
  • For the VC PMI monthly, the Buy 1 level of $1816 is very close to the $1810 level. That's a harmonic alignment, with a high probability of a reversal.

For further details see:

Gold: Making The Winter Lows Before The Spring Stimulus Rally
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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