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Index Trend Analysis Report

Prepared for you on Saturday, July 31, 2021.

The Gold Benchmark Index (CME:SGICGDB)

Long-Term Uptrend (+90) - SGICGDB is in a strong uptrend that is likely to continue. While SGICGDB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SGICGDB?

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

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

CME_SGICGDB
Open High Low SGICGDB Price Change
9889.38 9908.27 9801.39 9810.02 -100.41
Entry Signal

MarketClub’s Trade Triangles for SGICGDB

long term up The long-term trend has been UP since May 19th, 2021 at 10170.23

intermediate term up The intermediate-term trend has been UP since Jul 14th, 2021 at 9841.11

short term up The short-term trend has been UP since Jul 29th, 2021 at 9803.00

Smart Scan Analysis for SGICGDB

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

+90
Smart Scan Analysis for SGICGDB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9889.38 9908.27 9801.39 9810.02 -100.41
Prev. Close Volume Bid Ask Time
9810.02 0 2021-07-30 16:52:36
52wk High8092.3752wk High Date2018-01-25
52wk Low6852.97752wk Low Date2018-08-17
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