Future Trend Analysis Report
Prepared for you on Tuesday, April 20, 2021.
GOLD Jun 2021 (NYMEX:GC.M21)
Crossroads (+60) - GC.M21 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.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.
MarketClub’s Trade Triangles for GC.M21
The long-term trend has been DOWN since Nov 23rd, 2020 at 1866.9
The intermediate-term trend has been UP since Apr 8th, 2021 at 1755.1
The short-term trend has been UP since Apr 15th, 2021 at 1749.9
Smart Scan Analysis for GC.M21
Based on our trend formula, GC.M21 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).