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Future Trend Analysis Report
Prepared for you on Monday, February 6, 2023.
GOLD Dec 2023 (NYMEX:GC.Z23)
Crossroads (-60) - GC.Z23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GC.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for GC.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GC.Z23
The long-term trend has been UP since Dec 1st, 2022 at 1876.2
The intermediate-term trend has been DOWN since Feb 3rd, 2023 at 1954.1
The short-term trend has been DOWN since Feb 3rd, 2023 at 1985.0
Smart Scan Analysis for GC.Z23
Based on our trend formula, GC.Z23 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1941.1 | 1958.0 | 1940.4 | 1957.7 | +13.5 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2013.7 | 41 | 2023-02-06 01:49:35 |
| First Delivery | 2023-12-29 | Expiration | 2023-12-27 |
| Open Time | 08:20 | Close Time | 13:30 |