Future Trend Analysis Report
Prepared for you on Sunday, May 29, 2022.
MINI GOLD JUNE 2022 (ICE:@YG.M22)
Countertrend Down (-85) - @YG.M22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid @YG.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @YG.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @YG.M22
The long-term trend has been DOWN since May 13th, 2022 at 1804.3
The intermediate-term trend has been DOWN since Apr 25th, 2022 at 1923.1
The short-term trend has been UP since May 19th, 2022 at 1826.9
Smart Scan Analysis for @YG.M22
Based on our trend formula, @YG.M22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1996.1||52wk High Date||2022-03-07|
|52wk Low||1783.4||52wk Low Date||2022-05-13|