Gold closed up by 0.08% to 1811.4 on 23 January 2021 and +1.6% on a weekly basis. Gold momentum was last calculated at +0.0/100 indicating positive momentum. Gold trend is +75.0/100 indicating a positive trend. Gold momentum exhaustion is 0.85382 indicating Gold is oversold.Gold RSI is 56.9077 .
Gold GC Chart
Gold GC Statistics
MacroVar multi-factor statistical models monitor financial factors which are used to analyze and predict the Gold. Click here to explore the financial factors monitored and their current signals.
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Gold closed at 1811.4 on 23 January 2021. Gold trend was last calculated at +75.0/100 (range: -100 to +100) indicating a positive trend based on MacroVar models. Gold momentum was last calculated at +0.0/100 (range: -100 to +100) indicating positive momentum. Gold momentum exhaustion is 0.85382 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating Gold is oversold and a possible reversal is imminent. Gold RSI was last calculated at 56.9077. Gold moving averages were last recorded as follows: 1-month moving average: 1877.22 in an uptrend , 1-quarter moving average: 1877.42 in a downtrend and 1-year moving average: 1798.16 in an uptrend. Gold annual return was last recorded at None%, daily return was last recorded at 0.08%, and weekly return was last recorded at 1.6%. Gold histrorical 20-day volatility was last recorded at 18.2602%, Gold alpha None, Gold beta None and Gold maximum drawdown was recorded at None%. MacroVar models monitor Gold statistics based on historical data since 1970.
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