Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

GOLD Aug 2021 (NYMEX:GC.Q21)

Bull Market Weakness (+75) - GC.Q21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GC.Q21 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GC.Q21?

MarketClub looks at technical strength and momentum to determine if the timing is right for GC.Q21.

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

NYMEX_GC.Q21
Open High Low GC.Q21 Price Change
1817.3 1820.3 1815.7 1820.2 +2.3
Entry Signal

MarketClub’s Trade Triangles for GC.Q21

long term down The long-term trend has been DOWN since Nov 19th, 2020 at 1872

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2021 at 1755

short term up The short-term trend has been UP since May 3rd, 2021 at 1775

Smart Scan Analysis for GC.Q21

Based on our trend formula, GC.Q21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GC.Q21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1817.3 1820.3 1815.7 1820.2 +2.3
Prev. Close Volume Bid Ask Time
1817.9 145 2021-05-06 22:52:28
Expiration2021-08-27Open Time08:20
Close Time13:30
Get a free daily analysis and signals for GOLD Aug 2021 (GC.Q21) - Request Your Free Report.