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Future Trend Analysis Report

Prepared for you on Tuesday, October 19, 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
1764.8 1786.0 1763.4 1768.7 +3.9
Entry Signal

MarketClub’s Trade Triangles for GC.Z21

long term down The long-term trend has been DOWN since Aug 6th, 2021 at 1763.5

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2021 at 1782.4

short term down The short-term trend has been DOWN since Oct 17th, 2021 at 1765.1

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
1764.8 1786.0 1763.4 1768.7 +3.9
Prev. Close Volume Bid Ask Time
1764.8 143559 2021-10-19 12:13:59
First Delivery2021-12-31Expiration2021-12-29
Open Time18:00Close Time17:00
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