Institutional Technical Analysis

Folks,

Here's UBS' T/A take on the markets & CommerzBank's take on Bullion...

On Gold, UBS reckons:

Gold remains in a basing process. XAUEUR has broken out as anticipated and gold mines are gaining relative strength, which is latently bullish. A break of $1617 would give us the ultimate confirmation that a more important bottom is in place. If so, we can expect higher gold into May towards $1700. Buy the dips!

Oh, there's some fear building on US equities too according to them!


Commerzbank's take on gold is...

We continue to target the 1625.77 January low despite Monday’s sell-off.

Both reports are available at the click of a button.

Enjoy and good luck CV Comrades!

Hi Libero, Thanks for these reports.

Did you ever get chance to back test them as mentioned before?

Thanks
Amo

Looks like gold is heading in the right direction....

Hi
The search facility seemed to work well and I found posts from wild13. Unfortunately, I still haven't managed to find this useful link on the net that gives you access to the UBS reports etc. all of wild-13 posts was about gold bullion. I assume the search facility searches the whole website of chartsview for wild13?

Anyway, I am glad to see libero continues to post up these reports; I am a great fan.

Gee

Apologies for not putting this up last night folks!

Right, commerzbank's bullion take and UBS' FX take (still on the look out for the regular T/A)

Commerzbank remain firm on gold (what a drop yesterday was eh?), anyway, they say:

While it remains above its seven month February low at 1554.83, though, further upside remains in store.

UBS' FX report is summed as follows:

EURUSD BEARISH

USDJPY NEUTRAL

GBPUSD BEARISH

USDCHF BULLISH

AUDUSD BULLISH

USDCAD NEUTRAL

EURCHF NEUTRAL

EURGBP BEARISH

EURJPY BEARISH

(full details in the reports up-loaded)

Good luck folks.

p.s. GGOK, I believe Wild 13 was referring to a site called capital synthesis which posts some of these PDFs. Its really quite easy to find them. In the interest of protecting CV and without trying to violate any PI laws, any pdfs that I put up here are simply forwarded to me, with no intention to violate or infringe any copy-rights.

UBS' weekly take...

Unlike Goldman, UBS suggest buying the dips in Gold.