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Index Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
The Gold Benchmark Index (CME:SGICGDB)
Long-Term Downtrend (-90) - SGICGDB is in a strong downtrend that is likely to continue. While SGICGDB 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 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.
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MarketClub’s Trade Triangles for SGICGDB
The long-term trend has been DOWN since Jun 30th, 2022 at 9659.58
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 9781.10
The short-term trend has been DOWN since Jun 24th, 2022 at 9770.93
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9624.78 | 9686.35 | 9548.23 | 9643.52 | -31.58 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9644.05 | 0 | 2022-07-01 13:29:48 |
| 52wk High | 8092.37 | 52wk High Date | 2018-01-25 |
| 52wk Low | 6852.977 | 52wk Low Date | 2018-08-17 |