Future Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
GOLD Feb 2022 (NYMEX:GC.G22)
Crossroads (+60) - GC.G22 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 GC.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for GC.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GC.G22
The long-term trend has been DOWN since Aug 8th, 2021 at 1757.6
The intermediate-term trend has been UP since Oct 13th, 2021 at 1783.2
The short-term trend has been UP since Oct 20th, 2021 at 1775.4
Smart Scan Analysis for GC.G22
Based on our trend formula, GC.G22 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).