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Future Trend Analysis Report

Prepared for you on Saturday, October 16, 2021.

GOLD Oct 2022 (NYMEX:GC.V22)

Crossroads (-60) - GC.V22 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.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.

NYMEX_GC.V22
Open High Low GC.V22 Price Change
1805.2 1805.2 1778.0 1776.7 -21.8
Entry Signal

MarketClub’s Trade Triangles for GC.V22

long term down The long-term trend has been DOWN since Jun 28th, 2021 at 1787.1

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2021 at 1774.0

short term up The short-term trend has been UP since Oct 13th, 2021 at 1768.5

Smart Scan Analysis for GC.V22

Based on our trend formula, GC.V22 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GC.V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1805.2 1805.2 1778.0 1776.7 -21.8
Prev. Close Volume Bid Ask Time
1778.0 274 2021-10-15 11:47:57
Expiration2022-10-27Open Time08:20
Close Time13:30
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