Futopt Trend Analysis Report
Prepared for you on Friday, May 20, 2022.
GOLD Jun 2022 24000 Put (NYMEX:OG.M22.24000P)
Long-Term Downtrend (-90) - OG.M22.24000P is in a strong downtrend that is likely to continue. While OG.M22.24000P 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 OG.M22.24000P?
MarketClub looks at technical strength and momentum to determine if the timing is right for OG.M22.24000P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OG.M22.24000P
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 OG.M22.24000P
Based on our trend formula, OG.M22.24000P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Open Time||18:00||Close Time||17:00|