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Index Trend Analysis Report
Prepared for you on Saturday, July 4, 2020.
PHLX GOLD/SILVER INDEX (NASDAQ:XAU)
Long-Term Uptrend (+90) - XAU is in a strong uptrend that is likely to continue. While XAU is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 23rd, 2020 at 113.732
The intermediate-term trend has been UP since Jun 23rd, 2020 at 123.694
The short-term trend has been UP since Jun 29th, 2020 at 124.369
Smart Scan Analysis for XAU
Based on our trend formula, XAU is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 127.728 | 130.375 | 126.950 | 127.065 | -1.614 |
| Prev. Close | Volume | Bid | Ask | Time |
| 114.837 | 0 | 2020-07-02 17:15:05 |
| 52wk High | 92.94 | 52wk High Date | 2018-01-24 |
| 52wk Low | 60.59 | 52wk Low Date | 2018-09-11 |