Futopt Trend Analysis Report
Prepared for you on Thursday, December 2, 2021.
GOLD 100 OZ JUNE 2022 PUT 1675 (ICE:@ZG.M22.1675P)
Long-Term Downtrend (-90) - @ZG.M22.1675P is in a strong downtrend that is likely to continue. While @ZG.M22.1675P is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @ZG.M22.1675P?
MarketClub looks at technical strength and momentum to determine if the timing is right for @ZG.M22.1675P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @ZG.M22.1675P
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for @ZG.M22.1675P
Based on our trend formula, @ZG.M22.1675P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).