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Future Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

GOLD Dec 2024 (NYMEX:GC.Z24)

Weak Downtrend (-65) - GC.Z24 is showing signs of a strengthening downtrend. Monitor GC.Z24 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid GC.Z24?

MarketClub looks at technical strength and momentum to determine if the timing is right for GC.Z24.

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

NYMEX_GC.Z24
Open High Low GC.Z24 Price Change
1846.5 1846.5 1846.5 1864.9 +10.1
Entry Signal

MarketClub’s Trade Triangles for GC.Z24

long term down The long-term trend has been DOWN since Aug 31st, 2021 at 1875

intermediate term up The intermediate-term trend has been UP since Sep 28th, 2021 at 1802

short term down The short-term trend has been DOWN since Jun 13th, 2021 at 1925

Smart Scan Analysis for GC.Z24

Based on our trend formula, GC.Z24 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for GC.Z24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1846.5 1846.5 1846.5 1864.9 +10.1
Prev. Close Volume Bid Ask Time
1864.9 1 2021-10-18 17:28:50
Expiration2024-12-27Open Time08:20
Close Time13:30
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