Future Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
GOLD (E-MINI) Jun 2021 (NYMEX:QO.M21)
Sidelines Mode (+55) - QO.M21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QO.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QO.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QO.M21
The long-term trend has been DOWN since Nov 19th, 2020 at 1878.0
The intermediate-term trend has been UP since Apr 8th, 2021 at 1753.5
The short-term trend has been DOWN since Apr 9th, 2021 at 1733.5
Smart Scan Analysis for QO.M21
Based on our trend formula, QO.M21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).