Future Trend Analysis Report
Prepared for you on Tuesday, January 25, 2022.
GOLD (E-MINI) Dec 2022 (NYMEX:QO.Z22)
Sidelines Mode (+50) - QO.Z22 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QO.Z22 can gain momentum.
Is it time to buy, sell, or avoid QO.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QO.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QO.Z22
The long-term trend has been DOWN since Dec 2nd, 2021 at 1779.25
The intermediate-term trend has been UP since Jan 20th, 2022 at 1822.25
The short-term trend has been UP since Dec 17th, 2021 at 1796.50
Smart Scan Analysis for QO.Z22
Based on our trend formula, QO.Z22 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).