Future Trend Analysis Report
Prepared for you on Saturday, September 18, 2021.
GOLD Dec 2022 (NYMEX:GC.Z22)
Strong Downtrend (-100) - GC.Z22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GC.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for GC.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GC.Z22
The long-term trend has been DOWN since Aug 8th, 2021 at 1766.0
The intermediate-term trend has been DOWN since Sep 16th, 2021 at 1795.7
The short-term trend has been DOWN since Sep 14th, 2021 at 1799.6
Smart Scan Analysis for GC.Z22
Based on our trend formula, GC.Z22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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