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Index Trend Analysis Report
Prepared for you on Thursday, January 2, 2025.
The Gold Benchmark Index (CME:SGICGDB)
Bull Market Weakness (+75) - SGICGDB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SGICGDB as it may be in the beginning stages of a reversal.
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 UP since Nov 28th, 2023 at 10106.00
The intermediate-term trend has been DOWN since Dec 19th, 2024 at 12342.19
The short-term trend has been UP since Jan 2nd, 2025 at 12395.54
Smart Scan Analysis for SGICGDB
Based on our trend formula, SGICGDB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12392.74 | 12482.13 | 12368.40 | 12473.23 | +113.25 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12359.98 | 0 | 2025-01-02 10:41:18 |
| 52wk High | 8092.37 | 52wk High Date | 2018-01-25 |
| 52wk Low | 6852.977 | 52wk Low Date | 2018-08-17 |