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Index Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
PHLX GOLD/SILVER INDEX (NASDAQ:XAU)
Strong Uptrend (+100) - XAU is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, XAU 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 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 UP since Apr 1st, 2024 at 127.253
The intermediate-term trend has been UP since Oct 18th, 2024 at 168.713
The short-term trend has been UP since Oct 10th, 2024 at 156.882
Smart Scan Analysis for XAU
Based on our trend formula, XAU is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 173.990 | 175.945 | 173.694 | 175.743 | +3.572 |
| Prev. Close | Volume | Bid | Ask | Time |
| 172.171 | 0 | 2024-10-22 17:15:22 |
| 52wk High | 92.94 | 52wk High Date | 2018-01-24 |
| 52wk Low | 60.59 | 52wk Low Date | 2018-09-11 |