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Future Trend Analysis Report

Prepared for you on Sunday, June 4, 2023.

GOLD (E-MINI) Oct 2023 (NYMEX:QO.V23)

Sidelines Mode (-55) - QO.V23 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.V23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QO.V23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QO.V23
Open High Low QO.V23 Price Change
2015.00 2016.25 1984.00 1989.10 -34.25
Entry Signal

MarketClub’s Trade Triangles for QO.V23

long term up The long-term trend has been UP since Nov 11th, 2022 at 1838.75

intermediate term down The intermediate-term trend has been DOWN since May 17th, 2023 at 2024.75

short term up The short-term trend has been UP since May 31st, 2023 at 2000.00

Smart Scan Analysis for QO.V23

Based on our trend formula, QO.V23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for QO.V23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2015.00 2016.25 1984.00 1989.10 -34.25
Prev. Close Volume Bid Ask Time
1984.00 13 2023-06-02 16:14:53
Expiration2023-09-27Open Time18:00
Close Time17:00
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