Future Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
GOLD May 2021 (NYMEX:GC.K21)
Weak Downtrend (-65) - GC.K21 is showing signs of a strengthening downtrend. Monitor GC.K21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid GC.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for GC.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GC.K21
The long-term trend has been DOWN since Mar 1st, 2021 at 1720.0
The intermediate-term trend has been UP since Apr 8th, 2021 at 1752.6
The short-term trend has been DOWN since Apr 9th, 2021 at 1733.6
Smart Scan Analysis for GC.K21
Based on our trend formula, GC.K21 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).