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Future Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

GOLD Aug 2022 (NYMEX:GC.Q22)

Crossroads (-60) - GC.Q22 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.Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for GC.Q22.

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

NYMEX_GC.Q22
Open High Low GC.Q22 Price Change
1824.2 1833.7 1817.7 1830.3 +5.0
Entry Signal

MarketClub’s Trade Triangles for GC.Q22

long term up The long-term trend has been UP since Nov 7th, 2021 at 1826.0

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 1826.5

short term down The short-term trend has been DOWN since Jun 21st, 2022 at 1836.1

Smart Scan Analysis for GC.Q22

Based on our trend formula, GC.Q22 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GC.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1824.2 1833.7 1817.7 1830.3 +5.0
Prev. Close Volume Bid Ask Time
1828.1 134276 2022-06-24 16:59:55
Expiration2022-08-29Open Time18:00
Close Time17:00
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