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.
MarketClub’s Trade Triangles for GC.Z21
The long-term trend has been DOWN since Nov 23rd, 2020 at 1875.0
The intermediate-term trend has been UP since Apr 8th, 2021 at 1759.8
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).
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