Future Trend Analysis Report
Prepared for you on Saturday, June 19, 2021.
GOLD (TAS) Aug 2021 (NYMEX:GCT.Q21)
Long-Term Downtrend (-90) - GCT.Q21 is in a strong downtrend that is likely to continue. While GCT.Q21 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.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for GCT.Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GCT.Q21
The long-term trend has been DOWN since Jun 18th, 2021 at -1
The intermediate-term trend has been DOWN since Jun 18th, 2021 at -1
The short-term trend has been DOWN since Jun 11th, 2021 at 1
Smart Scan Analysis for GCT.Q21
Based on our trend formula, GCT.Q21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).