Index Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
SPDR Gold Trust (GIF:GLD)
Weak Downtrend (-65) - GLD is showing signs of a strengthening downtrend. Monitor GLD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid GLD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GLD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GLD
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for GLD
Based on our trend formula, GLD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).