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Index Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
PHLX GOLD/SILVER INDEX (NASDAQ:XAU)
Crossroads (+60) - XAU is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid XAU?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAU.
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 XAU
The long-term trend has been DOWN since Jul 19th, 2021 at 136.162
The intermediate-term trend has been UP since Dec 27th, 2021 at 131.159
The short-term trend has been UP since Jan 19th, 2022 at 132.305
Smart Scan Analysis for XAU
Based on our trend formula, XAU is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 134.504 | 134.504 | 129.347 | 129.994 | -3.908 |
| Prev. Close | Volume | Bid | Ask | Time |
| 133.902 | 0 | 2022-01-21 17:15:33 |
| 52wk High | 92.94 | 52wk High Date | 2018-01-24 |
| 52wk Low | 60.59 | 52wk Low Date | 2018-09-11 |