MQP 12N - UBS MARGIN CALL FOR RUSSIAN CLIENTS

HEADER: BUY BUY BUY NOW!

SUMMARY - You will thank me in 5 days or less.

DETAILS - We'll get into all the reasons later, but if you have capital to put to work, you won't get another chance at gold for this price again.

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NOTES - 1910 should've been a strong floor, but wasn't for two reasons:
1) We never did close that gap last week I noted about
2) UBS demands Russian clients mark bonds assets as 0 forcing gold to be sold as collateral
3) more when I have time

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UPDATE THUR 2/24 6:19 PM

1) bc of the absolutely crucial situation price is in, I'll try to give as many step by step update as I can from here to the next 19-22 hours
2) so the first target we just cleared was 1908, Wed's NY close, what we really need is CLEARING AND HOLDING 1927 FOR A COUPLE HOURS
3) the closing bar for the daily aftermarket was 1877-1975, basically $100 bar, clearing AND HOLDING 1927 will change the swing tide
4) I am writing this bc - while I have confidence in what my software says, I do understand the nature of price action of the last 24 hours is w/o a doubt bearish looking at it from various angles of analysis

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5) that box in the chart was posted too low for 1927, it's actually posted at 1917, so add 10 pts to the floor of that box

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8:18 PM ET

FWIW, I see 1937 next before slowing down, likely before midnight.

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UPDATE: 9:58 AM ET FRIDAY

It's going to be a battle all the way up through 4/28. That's all I got.

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