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Future Trend Analysis Report

Prepared for you on Sunday, November 28, 2021.

GOLD Aug 2022 (NYMEX:GC.Q22)

Bull Market Weakness (+75) - GC.Q22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GC.Q22 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GC.Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for GC.Q22.

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

NYMEX_GC.Q22
Open High Low GC.Q22 Price Change
1811.5 1811.5 1791.4 1793.2 -9.4
Entry Signal

MarketClub’s Trade Triangles for GC.Q22

long term up The long-term trend has been UP since Nov 7th, 2021 at 1826.0

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2021 at 1793.6

short term up The short-term trend has been UP since Nov 26th, 2021 at 1803.9

Smart Scan Analysis for GC.Q22

Based on our trend formula, GC.Q22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GC.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1811.5 1811.5 1791.4 1793.2 -9.4
Prev. Close Volume Bid Ask Time
1791.4 341 2021-11-26 11:53:41
Expiration2022-08-29Open Time08:20
Close Time13:30
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