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Future Trend Analysis Report

Prepared for you on Tuesday, May 17, 2022.

GOLD (E-MINI) Dec 2022 (NYMEX:QO.Z22)

Long-Term Downtrend (-90) - QO.Z22 is in a strong downtrend that is likely to continue. While QO.Z22 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.Z22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QO.Z22.

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

NYMEX_QO.Z22
Open High Low QO.Z22 Price Change
1835.75 1835.75 1810.25 1841.75 +3.50
Entry Signal

MarketClub’s Trade Triangles for QO.Z22

long term down The long-term trend has been DOWN since May 16th, 2022 at 1821.00

intermediate term down The intermediate-term trend has been DOWN since Apr 25th, 2022 at 1941.25

short term down The short-term trend has been DOWN since May 9th, 2022 at 1907.00

Smart Scan Analysis for QO.Z22

Based on our trend formula, QO.Z22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QO.Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1835.75 1835.75 1810.25 1841.75 +3.50
Prev. Close Volume Bid Ask Time
1834.50 10 2022-05-16 12:05:18
Expiration2022-11-28Open Time18:00
Close Time17:00
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