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Future Trend Analysis Report

Prepared for you on Sunday, April 18, 2021.

GOLD May 2021 (NYMEX:GC.K21)

Long-Term Uptrend (+90) - GC.K21 is in a strong uptrend that is likely to continue. While GC.K21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid GC.K21?

MarketClub looks at technical strength and momentum to determine if the timing is right for GC.K21.

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

NYMEX_GC.K21
Open High Low GC.K21 Price Change
1777.2 1782.7 1773.5 1773.3 -6.0
Entry Signal

MarketClub’s Trade Triangles for GC.K21

long term up The long-term trend has been UP since Apr 16th, 2021 at 1766.8

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2021 at 1752.6

short term up The short-term trend has been UP since Apr 15th, 2021 at 1745.8

Smart Scan Analysis for GC.K21

Based on our trend formula, GC.K21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for GC.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1777.2 1782.7 1773.5 1773.3 -6.0
Prev. Close Volume Bid Ask Time
1776.8 34 2021-04-18 21:35:27
Expiration2021-05-26Open Time18:00
Close Time17:00
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