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Future Trend Analysis Report

Prepared for you on Wednesday, January 20, 2021.

GOLD (E-MINI) Apr 2021 (NYMEX:QO.J21)

Countertrend Down (-85) - QO.J21 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid QO.J21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QO.J21.

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

NYMEX_QO.J21
Open High Low QO.J21 Price Change
1843.75 1875.25 1835.75 1875.25 +31.25
Entry Signal

MarketClub’s Trade Triangles for QO.J21

long term down The long-term trend has been DOWN since Nov 23rd, 2020 at 1866.00

intermediate term down The intermediate-term trend has been DOWN since Jan 10th, 2021 at 1835.00

short term up The short-term trend has been UP since Jan 20th, 2021 at 1853.75

Smart Scan Analysis for QO.J21

Based on our trend formula, QO.J21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for QO.J21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1843.75 1875.25 1835.75 1875.25 +31.25
Prev. Close Volume Bid Ask Time
1909.25 153 2021-01-20 17:28:50
Expiration2021-03-29Open Time18:00
Close Time17:00
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