Future Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
GOLD (E-MINI) Aug 2022 (NYMEX:QO.Q22)
Sidelines Mode (-55) - QO.Q22 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.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QO.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QO.Q22
The long-term trend has been UP since Dec 17th, 2021 at 1798.00
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 1827.00
The short-term trend has been UP since Jun 26th, 2022 at 1840.25
Smart Scan Analysis for QO.Q22
Based on our trend formula, QO.Q22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).