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Future Trend Analysis Report

Prepared for you on Wednesday, October 27, 2021.

GOLD Apr 2022 (NYMEX:GC.J22)

Bull Market Weakness (+75) - GC.J22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GC.J22 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GC.J22?

MarketClub looks at technical strength and momentum to determine if the timing is right for GC.J22.

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

NYMEX_GC.J22
Open High Low GC.J22 Price Change
1797.6 1804.0 1788.6 1803.1 +4.7
Entry Signal

MarketClub’s Trade Triangles for GC.J22

long term down The long-term trend has been DOWN since Aug 8th, 2021 at 1758.8

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2021 at 1785.8

short term up The short-term trend has been UP since Oct 20th, 2021 at 1776.3

Smart Scan Analysis for GC.J22

Based on our trend formula, GC.J22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GC.J22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1797.6 1804.0 1788.6 1803.1 +4.7
Prev. Close Volume Bid Ask Time
1798.4 814 2021-10-27 15:59:08
Expiration2022-04-27Open Time08:20
Close Time13:30
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