Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Monday, December 4, 2023.


Bull Market Weakness (+75) - MGC.Z24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MGC.Z24 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid MGC.Z24?

MarketClub looks at technical strength and momentum to determine if the timing is right for MGC.Z24.

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

Open High Low MGC.Z24 Price Change
2200.0 2245.0 2133.7 2139.2 -42.0
Entry Signal

MarketClub’s Trade Triangles for MGC.Z24

long term up The long-term trend has been UP since Oct 20th, 2023 at 2114.6

intermediate term up The intermediate-term trend has been UP since Oct 18th, 2023 at 2060.3

short term down The short-term trend has been DOWN since Dec 4th, 2023 at 2145.1

Smart Scan Analysis for MGC.Z24

Based on our trend formula, MGC.Z24 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MGC.Z24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2200.0 2245.0 2133.7 2139.2 -42.0
Prev. Close Volume Bid Ask Time
2180.2 76 2023-12-04 14:11:09
Expiration2024-12-27Open Time18:00
Close Time17:00
Get a free daily analysis and signals for E-MICRO GOLD Dec 2024 (MGC.Z24) - Request Your Free Report.