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Spread Trend Analysis Report

Prepared for you on Wednesday, August 10, 2022.

GOLD (E-MINI) Aug 2022/Feb 2023 Spread (NYMEX:QO.Q22_G23)

Strong Downtrend (-100) - QO.Q22_G23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QO.Q22_G23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QO.Q22_G23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QO.Q22_G23.

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

NYMEX_QO.Q22_G23
Open High Low QO.Q22_G23 Price Change
-29.25 -29.25 -29.25 -29.50 -0.25
Entry Signal

MarketClub’s Trade Triangles for QO.Q22_G23

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 QO.Q22_G23

Based on our trend formula, QO.Q22_G23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QO.Q22_G23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-29.25 -29.25 -29.25 -29.50 -0.25
Prev. Close Volume Bid Ask Time
-29.25 12 2022-07-27 17:28:42
Open Time18:00Close Time17:00
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