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Future Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

E-MICRO GOLD Apr 2022 (NYMEX:MGC.J22)

Sidelines Mode (-55) - MGC.J22 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.J22?

MarketClub looks at technical strength and momentum to determine if the timing is right for MGC.J22.

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

NYMEX_MGC.J22
Open High Low MGC.J22 Price Change
1787.0 1796.2 1783.0 1786.4 -0.5
Entry Signal

MarketClub’s Trade Triangles for MGC.J22

long term up The long-term trend has been UP since Nov 10th, 2021 at 1840.1

intermediate term down The intermediate-term trend has been DOWN since Nov 30th, 2021 at 1783.7

short term up The short-term trend has been UP since Dec 5th, 2021 at 1789.0

Smart Scan Analysis for MGC.J22

Based on our trend formula, MGC.J22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for MGC.J22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1787.0 1796.2 1783.0 1786.4 -0.5
Prev. Close Volume Bid Ask Time
1786.9 250 2021-12-08 16:23:01
Expiration2022-04-27Open Time18:00
Close Time17:00
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