Future Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
GOLD (E-MINI) Apr 2022 (NYMEX:QO.J22)
Weak Downtrend (-65) - QO.J22 is showing signs of a strengthening downtrend. Monitor QO.J22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QO.J22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QO.J22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QO.J22
The long-term trend has been UP since Nov 9th, 2021 at 1829.00
The intermediate-term trend has been DOWN since Jan 28th, 2022 at 1785.00
The short-term trend has been DOWN since Jan 26th, 2022 at 1834.75
Smart Scan Analysis for QO.J22
Based on our trend formula, QO.J22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).