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Future Trend Analysis Report

Prepared for you on Tuesday, March 2, 2021.

GOLD (E-MINI) Jun 2021 (NYMEX:QO.M21)

Long-Term Downtrend (-90) - QO.M21 is in a strong downtrend that is likely to continue. While QO.M21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QO.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QO.M21.

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

NYMEX_QO.M21
Open High Low QO.M21 Price Change
1724.50 1735.00 1711.25 1735.00 +9.50
Entry Signal

MarketClub’s Trade Triangles for QO.M21

long term down The long-term trend has been DOWN since Nov 19th, 2020 at 1878.0

intermediate term down The intermediate-term trend has been DOWN since Jan 10th, 2021 at 1841.5

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 1799.5

Smart Scan Analysis for QO.M21

Based on our trend formula, QO.M21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QO.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1724.50 1735.00 1711.25 1735.00 +9.50
Prev. Close Volume Bid Ask Time
1725.50 51 2021-03-02 11:50:57
Expiration2021-05-26Open Time18:00
Close Time17:00
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