Analyze Symbol

Future Trend Analysis Report

Prepared for you on Thursday, May 25, 2017.

GOLD Jun 2017 (E) (NYMEX:GC.M17.E)

Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_GC.M17.E
Open High Low GC.M17.E Price Change
1258.4 1259.4 1256.1 1256.4 +3.3
Entry Signal

MarketClub’s Trade Triangles for GC.M17.E

long term up The long term trend has been UP since Apr 7th, 2017 at 1268.1

intermediate term down The intermediate term trend has been DOWN since May 3rd, 2017 at 1248.2

short term down The short term trend has been DOWN since May 24th, 2017 at 1251.6

Smart Scan Analysis for GC.M17.E

Based on a pre-defined weighted trend formula for chart analysis, GC.M17.E scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for GC.M17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1258.4 1259.4 1256.1 1256.4 +3.3
Prev. Close Volume Bid Ask Time
1258.6 62885 2017-05-25 06:20:30
Contract High2033Contract High Date2011-09-08
Contract Low1056.4Contract Low Date2015-12-17
Estimated Volume257358First Delivery2017-06-30
Expiration2017-06-28Open Time18:00
Close Time17:00
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