Future Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
GOLD (TAS) Aug 2022 (NYMEX:GCT.Q22)
Countertrend Up (+85) - GCT.Q22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid GCT.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for GCT.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GCT.Q22
The long-term trend has been UP since Jun 15th, 2022 at 2
The intermediate-term trend has been UP since Jun 15th, 2022 at 1
The short-term trend has been DOWN since Jun 27th, 2022 at 2
Smart Scan Analysis for GCT.Q22
Based on our trend formula, GCT.Q22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).