Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
S&P 500 INDEX UTILITIES SECTOR (E-MINI) Dec 2021 (CME:XAU.Z21)
Crossroads (+60) - XAU.Z21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid XAU.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAU.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAU.Z21
The long-term trend has been DOWN since Sep 10th, 2021 at 694.8
The intermediate-term trend has been UP since Oct 20th, 2021 at 666.5
The short-term trend has been UP since Oct 14th, 2021 at 655.0
Smart Scan Analysis for XAU.Z21
Based on our trend formula, XAU.Z21 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).