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Future Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

GOLD Apr 2023 (NYMEX:GC.J23)

Countertrend Up (+85) - GC.J23 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.J23?

MarketClub looks at technical strength and momentum to determine if the timing is right for GC.J23.

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

Open High Low GC.J23 Price Change
1957.8 1968.6 1949.9 1967.2 +9.5
Entry Signal

MarketClub’s Trade Triangles for GC.J23

long term up The long-term trend has been UP since Dec 1st, 2022 at 1810.0

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2023 at 1874.3

short term down The short-term trend has been DOWN since Mar 27th, 2023 at 1972.3

Smart Scan Analysis for GC.J23

Based on our trend formula, GC.J23 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for GC.J23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1957.8 1968.6 1949.9 1967.2 +9.5
Prev. Close Volume Bid Ask Time
1957.7 79939 2023-03-28 08:50:03
Expiration2023-04-26Open Time08:20
Close Time13:30
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