Spread Trend Analysis Report
Prepared for you on Wednesday, October 28, 2020.
GOLD Dec 2020/Aug 2021 Spread (NYMEX:GC.Z20_Q21)
Bear Market Rally (-75) - GC.Z20_Q21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GC.Z20_Q21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GC.Z20_Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for GC.Z20_Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GC.Z20_Q21
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 GC.Z20_Q21
Based on our trend formula, GC.Z20_Q21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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