Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

GOLD Jun 2022/Oct 2022 Spread (NYMEX:GC.M22_V22)

Strong Downtrend (-100) - GC.M22_V22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid GC.M22_V22?

MarketClub looks at technical strength and momentum to determine if the timing is right for GC.M22_V22.

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

NYMEX_GC.M22_V22
Open High Low GC.M22_V22 Price Change
-3.4 -3.4 -3.4 -3.6 -0.2
Entry Signal

MarketClub’s Trade Triangles for GC.M22_V22

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.M22_V22

Based on our trend formula, GC.M22_V22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for GC.M22_V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-3.4 -3.4 -3.4 -3.6 -0.2
Prev. Close Volume Bid Ask Time
-3.4 61 2021-12-06 11:09:14
Open Time08:20Close Time13:30
Get a free daily analysis and signals for GOLD Jun 2022/Oct 2022 Spread (GC.M22_V22) - Request Your Free Report.