Future Trend Analysis Report
Prepared for you on Friday, July 10, 2020.
GOLD Apr 2021 (NYMEX:GC.J21)
Strong Uptrend (+100) - GC.J21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GC.J21 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.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for GC.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GC.J21
The long-term trend has been UP since Dec 26th, 2019 at 1522.8
The intermediate-term trend has been UP since Jun 21st, 2020 at 1777.7
The short-term trend has been UP since Jun 29th, 2020 at 1801.4
Smart Scan Analysis for GC.J21
Based on our trend formula, GC.J21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).