Future Trend Analysis Report
Prepared for you on Saturday, June 19, 2021.
GOLD (E-MINI) Oct 2021 (NYMEX:QO.V21)
Weak Downtrend (-65) - QO.V21 is showing signs of a strengthening downtrend. Monitor QO.V21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QO.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QO.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QO.V21
The long-term trend has been UP since May 7th, 2021 at 1823
The intermediate-term trend has been DOWN since Jun 15th, 2021 at 1862
The short-term trend has been DOWN since Jun 11th, 2021 at 1888
Smart Scan Analysis for QO.V21
Based on our trend formula, QO.V21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).