Future Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
GOLD (TAS) Dec 2021 (NYMEX:GCT.Z21)
Bull Market Weakness (+75) - GCT.Z21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GCT.Z21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GCT.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for GCT.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GCT.Z21
The long-term trend has been DOWN since Sep 17th, 2021 at -2
The intermediate-term trend has been UP since Oct 14th, 2021 at 1
The short-term trend has been UP since Oct 14th, 2021 at 1
Smart Scan Analysis for GCT.Z21
Based on our trend formula, GCT.Z21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).