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.
MarketClub’s Trade Triangles for MGC.J22
The long-term trend has been UP since Nov 10th, 2021 at 1840.1
The intermediate-term trend has been DOWN since Nov 30th, 2021 at 1783.7
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).