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Future Trend Analysis Report

Prepared for you on Sunday, November 28, 2021.

E-MICRO GOLD Feb 2023 (NYMEX:MGC.G23)

Sidelines Mode (+55) - MGC.G23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MGC.G23?

MarketClub looks at technical strength and momentum to determine if the timing is right for MGC.G23.

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

NYMEX_MGC.G23
Open High Low MGC.G23 Price Change
1808.0 1808.0 1804.7 1798.8 -45.3
Entry Signal

MarketClub’s Trade Triangles for MGC.G23

long term up The long-term trend has been UP since Nov 9th, 2021 at 1840.0

intermediate term up The intermediate-term trend has been UP since Oct 19th, 2021 at 1790.7

short term down The short-term trend has been DOWN since Nov 22nd, 2021 at 1870.0

Smart Scan Analysis for MGC.G23

Based on our trend formula, MGC.G23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for MGC.G23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1808.0 1808.0 1804.7 1798.8 -45.3
Prev. Close Volume Bid Ask Time
1813.1 2 2021-11-23 08:22:06
Expiration2023-02-24Open Time18:00
Close Time17:00
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