DGZ Stock Tickeron detected bearish ETF Pattern: Broadening Bottom DGZ on January 31, 2025, netting in a 7.81% gain over 2 months

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+7.81% Gain from a Successful pattern Broadening Bottom

DGZ - DB Gold Short ETN

Ticker: DGZ

Company: DB Gold Short ETN

Gain from shorting: +7.81%

Confirmed: 01/31/25

Succeeded: 03/18/25

Total length: 61 days

On January 16, 2025, A.I.dvisor detected a Broadening Bottom Pattern (Bearish) for DB Gold Short ETN (DGZ, $8.08). 15 days later, on January 31, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On March 18, 2025, the stock hit the target price of $7.45 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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