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Future Trend Analysis Report

Prepared for you on Sunday, November 28, 2021.

GOLD Feb 2022 (NYMEX:GC.G22)

Countertrend Up (+85) - GC.G22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid GC.G22?

MarketClub looks at technical strength and momentum to determine if the timing is right for GC.G22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_GC.G22
Open High Low GC.G22 Price Change
1790.8 1819.3 1781.6 1788.1 +3.1
Entry Signal

MarketClub’s Trade Triangles for GC.G22

long term up The long-term trend has been UP since Nov 10th, 2021 at 1838.7

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2021 at 1783.2

short term up The short-term trend has been UP since Nov 26th, 2021 at 1804.4

Smart Scan Analysis for GC.G22

Based on our trend formula, GC.G22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GC.G22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1790.8 1819.3 1781.6 1788.1 +3.1
Prev. Close Volume Bid Ask Time
1793.4 173525 2021-11-26 13:44:36
Expiration2022-02-24Open Time08:20
Close Time13:30
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