Index Trend Analysis Report
Prepared for you on Tuesday, July 14, 2020.
SPDR Gold MiniShares (GIF:GLDM)
Strong Uptrend (+100) - GLDM is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GLDM continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid GLDM?
MarketClub looks at technical strength and momentum to determine if the timing is right for GLDM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GLDM
The long-term trend has been UP since Apr 13th, 2020 at 16.870
The intermediate-term trend has been UP since Jun 22nd, 2020 at 17.395
The short-term trend has been UP since Jun 30th, 2020 at 17.678
Smart Scan Analysis for GLDM
Based on our trend formula, GLDM is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).