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.
MarketClub’s Trade Triangles for GC.G22
The long-term trend has been UP since Nov 10th, 2021 at 1838.7
The intermediate-term trend has been UP since Oct 13th, 2021 at 1783.2
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).