Future Trend Analysis Report
Prepared for you on Monday, November 23, 2020.
GOLD (E-MINI) Jun 2021 (NYMEX:QO.M21)
Countertrend Down (-85) - QO.M21 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.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.
MarketClub’s Trade Triangles for QO.M21
The long-term trend has been DOWN since Nov 19th, 2020 at 1878.00
The intermediate-term trend has been DOWN since Nov 19th, 2020 at 1880.00
The short-term trend has been UP since Nov 23rd, 2020 at 1884.75
Smart Scan Analysis for QO.M21
Based on our trend formula, QO.M21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).