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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.
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MarketClub’s Trade Triangles for GC.Q22
The long-term trend has been UP since Nov 7th, 2021 at 1826.0
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 1826.5
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).
| 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 |
| Expiration | 2022-08-29 | Open Time | 18:00 |
| Close Time | 17:00 |