Future Trend Analysis Report
Prepared for you on Friday, September 18, 2020.
GOLD Feb 2021 (NYMEX:GC.G21)
Strong Uptrend (+100) - GC.G21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GC.G21 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 GC.G21?
MarketClub looks at technical strength and momentum to determine if the timing is right for GC.G21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GC.G21
The long-term trend has been UP since Apr 7th, 2020 at 1714.0
The intermediate-term trend has been UP since Jun 19th, 2020 at 1777.8
The short-term trend has been UP since Sep 9th, 2020 at 1954.0
Smart Scan Analysis for GC.G21
Based on our trend formula, GC.G21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).