Array Digital's 15min Chart Triggers KDJ Death Cross, Bearish Marubozu Signal
PorAinvest
viernes, 12 de septiembre de 2025, 3:41 pm ET1 min de lectura
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UBS also projects that gold exchange-traded fund (ETF) holdings will exceed 3,900 metric tons by the end of 2025, approaching the previous record set in October 2020. The bank maintains an "Attractive" view on gold and recommends a mid-single-digit percentage allocation to the metal in global asset portfolios. Geopolitical concerns and policy differences between the US administration and the Federal Reserve are cited as key drivers of gold's appeal [1].
Commerzbank has also revised its gold price forecast upward, projecting $3,800 per troy ounce by the end of 2026, up from its earlier projection of $3,600. The bank now expects the Federal Reserve to cut interest rates by a total of 200 basis points by the end of next year, 50 basis points more than previously assumed .
Gold, traditionally considered a safe-haven asset, has hit a record high of $3,673.95 on Tuesday, gaining more than 39% year-to-date. This performance underscores gold's resilience in low-interest-rate environments and during periods of economic and geopolitical uncertainty [1].
Meanwhile, UBS expects central bank purchases of gold to remain robust at about 900 to 950 tons this year, slightly below last year's near-record purchases. The key risk for gold, according to UBS, is an unexpected rise in inflation leading the Federal Reserve to raise rates [1].
UBS--
Based on the 15-minute chart for Array Digital, the KDJ Death Cross and Bearish Marubozu pattern observed on September 12th, 2025 at 15:30 indicates a shift in the stock price momentum towards the downside. This suggests that the bears are in control of the market and there is a potential for further price decreases. Consequently, it is likely that the bearish momentum will continue.
Gold prices have seen a significant boost following recent forecasts from leading financial institutions, UBS and Commerzbank. UBS, in particular, has raised its gold price target to $3,800 per ounce by the end of 2025 and $3,900 by mid-2026. The Swiss bank attributes this increase to anticipated Federal Reserve easing, dollar weakness, and geopolitical risks [1].UBS also projects that gold exchange-traded fund (ETF) holdings will exceed 3,900 metric tons by the end of 2025, approaching the previous record set in October 2020. The bank maintains an "Attractive" view on gold and recommends a mid-single-digit percentage allocation to the metal in global asset portfolios. Geopolitical concerns and policy differences between the US administration and the Federal Reserve are cited as key drivers of gold's appeal [1].
Commerzbank has also revised its gold price forecast upward, projecting $3,800 per troy ounce by the end of 2026, up from its earlier projection of $3,600. The bank now expects the Federal Reserve to cut interest rates by a total of 200 basis points by the end of next year, 50 basis points more than previously assumed .
Gold, traditionally considered a safe-haven asset, has hit a record high of $3,673.95 on Tuesday, gaining more than 39% year-to-date. This performance underscores gold's resilience in low-interest-rate environments and during periods of economic and geopolitical uncertainty [1].
Meanwhile, UBS expects central bank purchases of gold to remain robust at about 900 to 950 tons this year, slightly below last year's near-record purchases. The key risk for gold, according to UBS, is an unexpected rise in inflation leading the Federal Reserve to raise rates [1].
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