Future Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
MINI GOLD JUNE 2022 (ICE:@YG.M22)
Long-Term Downtrend (-90) - @YG.M22 is in a strong downtrend that is likely to continue. While @YG.M22 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 @YG.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @YG.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @YG.M22
The long-term trend has been DOWN since May 13th, 2022 at 1804.3
The intermediate-term trend has been DOWN since Apr 25th, 2022 at 1923.1
The short-term trend has been DOWN since May 27th, 2022 at 1846.3
Smart Scan Analysis for @YG.M22
Based on our trend formula, @YG.M22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1996.1||52wk High Date||2022-03-07|
|52wk Low||1783.4||52wk Low Date||2022-05-13|