Future Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
GOLD Oct 2022 (NYMEX:GC.V22)
Weak Downtrend (-65) - GC.V22 is showing signs of a strengthening downtrend. Monitor GC.V22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid GC.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for GC.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GC.V22
The long-term trend has been UP since Nov 11th, 2021 at 1831.2
The intermediate-term trend has been DOWN since Jan 28th, 2022 at 1796.3
The short-term trend has been DOWN since Jan 26th, 2022 at 1841.0
Smart Scan Analysis for GC.V22
Based on our trend formula, GC.V22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).