Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

GOLD Nov 2023 (NYMEX:GC.X23)

Strong Uptrend (+100) - GC.X23 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GC.X23 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid GC.X23?

MarketClub looks at technical strength and momentum to determine if the timing is right for GC.X23.

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

NYMEX_GC.X23
Open High Low GC.X23 Price Change
2040.6 2042.7 2040.6 2039.7 +30.9
Entry Signal

MarketClub’s Trade Triangles for GC.X23

long term up The long-term trend has been UP since Oct 18th, 2023 at 1948.4

intermediate term up The intermediate-term trend has been UP since Nov 21st, 2023 at 2001.0

short term up The short-term trend has been UP since Nov 15th, 2023 at 1959.6

Smart Scan Analysis for GC.X23

Based on our trend formula, GC.X23 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for GC.X23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2040.6 2042.7 2040.6 2039.7 +30.9
Prev. Close Volume Bid Ask Time
2042.7 120 2023-11-28 17:28:48
Expiration2023-11-28Open Time18:00
Close Time17:00
Get a free daily analysis and signals for GOLD Nov 2023 (GC.X23) - Request Your Free Report.