Future Trend Analysis Report
Prepared for you on Saturday, July 31, 2021.
GOLD Jul 2021 (NYMEX:GC.N21)
Weak Downtrend (-65) - GC.N21 is showing signs of a strengthening downtrend. Monitor GC.N21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid GC.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for GC.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GC.N21
The long-term trend has been DOWN since Jun 18th, 2021 at 1767.2
The intermediate-term trend has been UP since Jul 14th, 2021 at 1818.5
The short-term trend has been DOWN since Jul 19th, 2021 at 1813.1
Smart Scan Analysis for GC.N21
Based on our trend formula, GC.N21 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).