Future Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
GOLD (TAS) Jun 2023 (NYMEX:GCT.M23)
Bear Market Rally (-75) - GCT.M23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GCT.M23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GCT.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for GCT.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GCT.M23
The long-term trend has been DOWN since Mar 7th, 2023 at -1
The intermediate-term trend has been UP since Mar 20th, 2023 at 1
The short-term trend has been DOWN since Mar 24th, 2023 at 1
Smart Scan Analysis for GCT.M23
Based on our trend formula, GCT.M23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).