Future Trend Analysis Report
Prepared for you on Saturday, January 29, 2022.
GOLD Apr 2022 (NYMEX:GC.J22)
Crossroads (-60) - GC.J22 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 GC.J22?
MarketClub looks at technical strength and momentum to determine if the timing is right for GC.J22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GC.J22
The long-term trend has been UP since Nov 10th, 2021 at 1840.4
The intermediate-term trend has been DOWN since Jan 28th, 2022 at 1783.8
The short-term trend has been DOWN since Jan 26th, 2022 at 1834.4
Smart Scan Analysis for GC.J22
Based on our trend formula, GC.J22 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).