Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
PHLX GOLD/SILVER INDEX (NASDAQ:XAU)
Weak Uptrend (+65) - XAU is showing signs of weakening momentum to the upside. Monitor XAU as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid XAU?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for XAU
The long-term trend has been UP since Apr 1st, 2024 at 127.253
The intermediate-term trend has been UP since Mar 4th, 2024 at 111.045
The short-term trend has been DOWN since May 1st, 2024 at 133.384
Smart Scan Analysis for XAU
Based on our trend formula, XAU is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
+65
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 135.183 | 135.882 | 133.433 | 134.557 | +0.257 |
| Prev. Close | Volume | Bid | Ask | Time |
| 134.557 | 0 | 2024-05-03 17:15:02 |
| 52wk High | 92.94 | 52wk High Date | 2018-01-24 |
| 52wk Low | 60.59 | 52wk Low Date | 2018-09-11 |
Get a free daily analysis and signals for PHLX GOLD/SILVER INDEX (XAU) - Request Your Free Report.