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Future Trend Analysis Report

Prepared for you on Monday, April 12, 2021.

GOLD Dec 2021 (NYMEX:GC.Z21)

Sidelines Mode (-55) - GC.Z21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid GC.Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for GC.Z21.

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

NYMEX_GC.Z21
Open High Low GC.Z21 Price Change
1749.4 1749.5 1733.3 1736.4 -14.3
Entry Signal

MarketClub’s Trade Triangles for GC.Z21

long term down The long-term trend has been DOWN since Nov 23rd, 2020 at 1875.0

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2021 at 1759.8

short term down The short-term trend has been DOWN since Apr 9th, 2021 at 1742.9

Smart Scan Analysis for GC.Z21

Based on our trend formula, GC.Z21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for GC.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1749.4 1749.5 1733.3 1736.4 -14.3
Prev. Close Volume Bid Ask Time
1750.0 1582 2021-04-12 15:21:30
First Delivery2021-12-31Expiration2021-12-29
Open Time18:00Close Time17:00
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