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Future Trend Analysis Report

Prepared for you on Sunday, May 22, 2022.

GOLD Feb 2023 (NYMEX:GC.G23)

Sidelines Mode (-55) - GC.G23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid GC.G23?

MarketClub looks at technical strength and momentum to determine if the timing is right for GC.G23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low GC.G23 Price Change
1872.4 1872.4 1867.2 1874.2 -1.9
Entry Signal

MarketClub’s Trade Triangles for GC.G23

long term up The long-term trend has been UP since Feb 14th, 2022 at 1886.8

intermediate term down The intermediate-term trend has been DOWN since Apr 25th, 2022 at 1948.2

short term up The short-term trend has been UP since May 19th, 2022 at 1860.0

Smart Scan Analysis for GC.G23

Based on our trend formula, GC.G23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for GC.G23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1872.4 1872.4 1867.2 1874.2 -1.9
Prev. Close Volume Bid Ask Time
1870.5 17 2022-05-20 12:56:36
Expiration2023-02-24Open Time18:00
Close Time17:00
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