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Index Trend Analysis Report

Prepared for you on Saturday, October 16, 2021.

PHLX GOLD/SILVER INDEX (NASDAQ:XAU)

Crossroads (+60) - XAU is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

NASDAQ_XAU
Open High Low XAU Price Change
130.752 133.216 130.035 132.060 -0.792
Entry Signal

MarketClub’s Trade Triangles for XAU

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 136.162

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2021 at 126.634

short term up The short-term trend has been UP since Oct 6th, 2021 at 120.694

Smart Scan Analysis for XAU

Based on our trend formula, XAU is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for XAU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
130.752 133.216 130.035 132.060 -0.792
Prev. Close Volume Bid Ask Time
132.060 0 2021-10-15 17:14:44
52wk High92.9452wk High Date2018-01-24
52wk Low60.5952wk Low Date2018-09-11
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