Future Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
E-MICRO GOLD Aug 2021 (NYMEX:MGC.Q21)
Strong Uptrend (+100) - MGC.Q21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MGC.Q21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid MGC.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGC.Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MGC.Q21
The long-term trend has been UP since May 17th, 2021 at 1862.3
The intermediate-term trend has been UP since Jul 12th, 2021 at 1813.0
The short-term trend has been UP since Jul 28th, 2021 at 1807.5
Smart Scan Analysis for MGC.Q21
Based on our trend formula, MGC.Q21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).