Future Trend Analysis Report
Prepared for you on Tuesday, July 27, 2021.
GOLD (E-MINI) Dec 2021 (NYMEX:QO.Z21)
Sidelines Mode (+55) - QO.Z21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QO.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QO.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QO.Z21
The long-term trend has been UP since May 17th, 2021 at 1877.00
The intermediate-term trend has been UP since Jul 12th, 2021 at 1813.00
The short-term trend has been DOWN since Jul 23rd, 2021 at 1798.75
Smart Scan Analysis for QO.Z21
Based on our trend formula, QO.Z21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).