Future Trend Analysis Report
Prepared for you on Tuesday, September 21, 2021.
GOLD Sep 2021 (NYMEX:GC.U21)
Crossroads (-60) - GC.U21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GC.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for GC.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GC.U21
The long-term trend has been UP since Sep 3rd, 2021 at 1832.4
The intermediate-term trend has been DOWN since Sep 16th, 2021 at 1775.9
The short-term trend has been DOWN since Sep 16th, 2021 at 1783.0
Smart Scan Analysis for GC.U21
Based on our trend formula, GC.U21 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).