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Spread Trend Analysis Report

Prepared for you on Wednesday, September 28, 2022.

GOLD Feb 2023/Apr 2023 Spread (NYMEX:GC.G23_J23)

Long-Term Downtrend (-90) - GC.G23_J23 is in a strong downtrend that is likely to continue. While GC.G23_J23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid GC.G23_J23?

MarketClub looks at technical strength and momentum to determine if the timing is right for GC.G23_J23.

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

NYMEX_GC.G23_J23
Open High Low GC.G23_J23 Price Change
-13.5 -13.5 -13.5 -13.5 0
Entry Signal

MarketClub’s Trade Triangles for GC.G23_J23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for GC.G23_J23

Based on our trend formula, GC.G23_J23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GC.G23_J23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-13.5 -13.5 -13.5 -13.5 0
Prev. Close Volume Bid Ask Time
-13.5 1 2022-09-27 23:44:45
Open Time18:00Close Time17:00
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