Future Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
GOLD Dec 2022 (NYMEX:GC.Z22)
Crossroads (-60) - GC.Z22 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.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for GC.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GC.Z22
The long-term trend has been UP since Nov 10th, 2021 at 1842.7
The intermediate-term trend has been DOWN since Nov 30th, 2021 at 1790.0
The short-term trend has been DOWN since Nov 30th, 2021 at 1791.8
Smart Scan Analysis for GC.Z22
Based on our trend formula, GC.Z22 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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