Future Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
GOLD Jun 2022 (NYMEX:GC.M22)
Weak Uptrend (+65) - GC.M22 is showing signs of weakening momentum to the upside. Monitor GC.M22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GC.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for GC.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GC.M22
The long-term trend has been UP since Nov 10th, 2021 at 1840.7
The intermediate-term trend has been UP since Dec 30th, 2021 at 1819.8
The short-term trend has been DOWN since Jan 26th, 2022 at 1837.5
Smart Scan Analysis for GC.M22
Based on our trend formula, GC.M22 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).