Future Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
GOLD (TAS) Apr 2021 (NYMEX:GCT.J21)
Long-Term Downtrend (-90) - GCT.J21 is in a strong downtrend that is likely to continue. While GCT.J21 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 GCT.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for GCT.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GCT.J21
The long-term trend has been DOWN since Dec 16th, 2020 at 1
The intermediate-term trend has been DOWN since Jan 11th, 2021 at 1
The short-term trend has been DOWN since Jan 26th, 2021 at 1
Smart Scan Analysis for GCT.J21
Based on our trend formula, GCT.J21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).