Future Trend Analysis Report
Prepared for you on Monday, June 21, 2021.
GOLD Jul 2021 (NYMEX:GC.N21)
Bear Market Rally (-75) - GC.N21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GC.N21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GC.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for GC.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GC.N21
The long-term trend has been DOWN since Jun 18th, 2021 at 1767.2
The intermediate-term trend has been DOWN since Jun 16th, 2021 at 1855.0
The short-term trend has been UP since Jun 11th, 2021 at 1901.5
Smart Scan Analysis for GC.N21
Based on our trend formula, GC.N21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).