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Future Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

GOLD Jun 2021 (NYMEX:GC.M21)

Countertrend Down (-85) - GC.M21 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid GC.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for GC.M21.

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

NYMEX_GC.M21
Open High Low GC.M21 Price Change
1839.5 1852.9 1836.4 1847.9 +8.4
Entry Signal

MarketClub’s Trade Triangles for GC.M21

long term down The long-term trend has been DOWN since Nov 23rd, 2020 at 1866.9

intermediate term down The intermediate-term trend has been DOWN since Nov 9th, 2020 at 1884.6

short term up The short-term trend has been UP since Dec 2nd, 2020 at 1824.7

Smart Scan Analysis for GC.M21

Based on our trend formula, GC.M21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for GC.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1839.5 1852.9 1836.4 1847.9 +8.4
Prev. Close Volume Bid Ask Time
1919.9 260 2020-12-03 08:11:39
Expiration2021-06-28Open Time18:00
Close Time17:00
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