Institutional Technical Analysis

Folks,

UBS's latest T/A

Good luck!

Folks,

This one is good one - especially after the gold moves!

UBS' take:

Gold broke last week’s highlighted $1540 key trading support and this was just the beginning of a huge wave of liquidation. After breaking its obvious May 2012 low at $1529 we see panic selling and exploding volatility, which suggest that we are trading in the ultimate capitulation phase instead of being at the beginning of a bear cycle. The extent of the current bear cycle is definitely a surprise to us but we do not think that this is the end of the structural bull market.

(there's more in the report...) - UBS versus Goldman, vis-a-vis Gold, will be an interesting battle.

Also, I've added CommerzBank's take, but the report was filed on Friday, by which time, Gold tumbled further - although to be fair to them, they hinted at this in the said report.

Good luck folks and be safe in this crazy market!

p.s and an Off/Topic message to Remo: Now the Merger between XTA and GLEN has been approved all round, can we have one more (possibly final) chart on XTA before there's no more XTA

UBS' weekly take...

Unlike Goldman, UBS suggest buying the dips in Gold.

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.

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

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