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.
MarketClub’s Trade Triangles for GC.Z24
The long-term trend has been DOWN since Aug 31st, 2021 at 1875
The intermediate-term trend has been UP since Sep 28th, 2021 at 1802
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).