Future Trend Analysis Report
Prepared for you on Sunday, September 24, 2023.
GOLD (E-MINI) Oct 2023 (NYMEX:QO.V23)
Weak Downtrend (-65) - QO.V23 is showing signs of a strengthening downtrend. Monitor QO.V23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QO.V23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QO.V23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QO.V23
The long-term trend has been DOWN since Aug 15th, 2023 at 1919.75
The intermediate-term trend has been UP since Sep 1st, 2023 at 1959.00
The short-term trend has been DOWN since Sep 20th, 2023 at 1926.75
Smart Scan Analysis for QO.V23
Based on our trend formula, QO.V23 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).