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Institutional Technical Analysis
Here's UBS' latest T/A views on the broader market...
Interesting take on Gold... Here's a snippet:
"A break of $1600 would suggest that a more important trading low in gold is in place and it would imply a first bounce into March towards $1630, which is the former key support. However, as long as we don’t see a break of $1600 we can not rule out a final move down to test the May 2012 low at $1530, which, however, would be a worst case scenario as well as from a wave perspective this would bring us a high conviction (wave 5) buying opportunity."
.....The trouble is, it closed above $1600 yesterday (I think), and today, it looks like the 1525-1530 prophecy could be true. I do love trading it mind!
Good luck all, and be safe!
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G
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Fresh from UBS' T/A team...
If I get some free time (and there's none at this point!) - I might try to back test their views over the past say, year, to see how accurate they were...
Just a thought!
Anyway, happy reading and be safe!
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I read the newsletter with great interest and find them pretty much spot on. For someone like me who doesn't trade everyday with a full time job, it helps to keep the bigger picture in my head.
It is very kind of you to post these on the board. Is there a subscription you pay? I would be happy to share with you.
Gee
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GGOK wrote: Hi
I read the newsletter with great interest and find them pretty much spot on. For someone like me who doesn't trade everyday with a full time job, it helps to keep the bigger picture in my head.
It is very kind of you to post these on the board. Is there a subscription you pay? I would be happy to share with you.
Gee
Hi Gee,
Glad its adding some value, and no, there's zero subscription fees, I just hunt these files from the ether and post them here when possible. Ironically, I used to work for UBS when it was SBC (ages ago it seems!), but never took advantage of their trading knowledge - live and learn eh?
There are other Institutional publications too, but alas, they are classed as "Fundamental" views - and these go down like a lead balloon here LoL!
Good luck in your trading!
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Libero wrote:
GGOK wrote: Hi
I read the newsletter with great interest and find them pretty much spot on. For someone like me who doesn't trade everyday with a full time job, it helps to keep the bigger picture in my head.
It is very kind of you to post these on the board. Is there a subscription you pay? I would be happy to share with you.
Gee
Hi Gee,
Glad its adding some value, and no, there's zero subscription fees, I just hunt these files from the ether and post them here when possible. Ironically, I used to work for UBS when it was SBC (ages ago it seems!), but never took advantage of their trading knowledge - live and learn eh?
There are other Institutional publications too, but alas, they are classed as "Fundamental" views - and these go down like a lead balloon here LoL!
Good luck in your trading!
Hi libero
your more than welcome to post the fundamental views under fundamental
Its always good to have a balance . Thanks mate for all your post
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