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ProShares Ultra Gold UGL

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg Gold SubindexSM. The fund seeks to meet its investment objective by investing, under normal market conditions, in any one of, or combinations of, Financial Instruments (including swap agreements, futures contracts and forward contracts) based on the benchmark. The types and mix of Financial Instruments in which the fund invest may vary daily at the discretion of the Sponsor. It will not invest directly in any commodity.


ARCA:UGL - Post by User

ProShares Ultra Gold
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Post by Stocksnchartson Dec 18, 2011 5:51pm
433 Views
Post# 19333233

Gold - Ready to Skyrocket

Gold - Ready to SkyrocketThe safe haven trade in Gold is ready to ignite with an explosive move higher. The symmetry for Gold is outrageously bullish near term. The geometry is favorable for a bottom with very solid support at this level. Minor downside to the white line is possible.

The next target is $2,020 for Gold. There may be another chance to accumulate around $79 for UGL, but the next target for UGL would be $125 area.

https://cyclicalmarketanalysis.blogspot.com/2011/12/gold-ready-to-skyrocket.html
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities