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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.

NYMEX_GC.K21
Open High Low GC.K21 Price Change
1732.0 1734.2 1722.5 1727.2 -3.8
Entry Signal

MarketClub’s Trade Triangles for GC.K21

long term down The long-term trend has been DOWN since Mar 1st, 2021 at 1720.0

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2021 at 1752.6

short term down 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).

-65
Smart Scan Analysis for GC.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1732.0 1734.2 1722.5 1727.2 -3.8
Prev. Close Volume Bid Ask Time
1731.0 192 2021-04-13 04:15:44
Expiration2021-05-26Open Time18:00
Close Time17:00
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