Future Trend Analysis Report
Prepared for you on Wednesday, June 16, 2021.
GOLD (E-MINI) Aug 2021 (NYMEX:QO.Q21)
Bull Market Weakness (+75) - QO.Q21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QO.Q21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QO.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QO.Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QO.Q21
The long-term trend has been UP since May 17th, 2021 at 1862.50
The intermediate-term trend has been UP since Apr 6th, 2021 at 1746.00
The short-term trend has been UP since Jun 11th, 2021 at 1903.25
Smart Scan Analysis for QO.Q21
Based on our trend formula, QO.Q21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).