Futopt Trend Analysis Report
Prepared for you on Sunday, December 5, 2021.
GOLD 100 OZ JUNE 2023 PUT 2250 (ICE:@ZG.M23.2250P)
Long-Term Downtrend (-90) - @ZG.M23.2250P is in a strong downtrend that is likely to continue. While @ZG.M23.2250P 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.M23.2250P?
MarketClub looks at technical strength and momentum to determine if the timing is right for @ZG.M23.2250P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @ZG.M23.2250P
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.M23.2250P
Based on our trend formula, @ZG.M23.2250P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).