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.
MarketClub’s Trade Triangles for GC.V22
The long-term trend has been DOWN since Jun 28th, 2021 at 1787.1
The intermediate-term trend has been UP since Oct 13th, 2021 at 1774.0
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).