Future Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
GOLD Jun 2021 (NYMEX:GC.M21)
Strong Downtrend (-100) - GC.M21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GC.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for GC.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GC.M21
The long-term trend has been DOWN since Nov 23rd, 2020 at 1866.9
The intermediate-term trend has been DOWN since Jan 10th, 2021 at 1837.9
The short-term trend has been DOWN since Feb 25th, 2021 at 1796.0
Smart Scan Analysis for GC.M21
Based on our trend formula, GC.M21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).