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Future Trend Analysis Report

Prepared for you on Sunday, September 26, 2021.

GOLD Dec 2021 (NYMEX:GC.Z21)

Long-Term Downtrend (-90) - GC.Z21 is in a strong downtrend that is likely to continue. While GC.Z21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid GC.Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for GC.Z21.

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

NYMEX_GC.Z21
Open High Low GC.Z21 Price Change
1751.8 1753.9 1748.3 1752.7 +1.0
Entry Signal

MarketClub’s Trade Triangles for GC.Z21

long term down The long-term trend has been DOWN since Aug 6th, 2021 at 1763.5

intermediate term down The intermediate-term trend has been DOWN since Sep 16th, 2021 at 1778.0

short term down The short-term trend has been DOWN since Sep 23rd, 2021 at 1761.0

Smart Scan Analysis for GC.Z21

Based on our trend formula, GC.Z21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GC.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1751.8 1753.9 1748.3 1752.7 +1.0
Prev. Close Volume Bid Ask Time
1750.6 4844 2021-09-26 20:33:52
First Delivery2021-12-31Expiration2021-12-29
Open Time08:20Close Time13:30
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