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Future Trend Analysis Report

Prepared for you on Thursday, December 13, 2018.

GOLD Jun 2023 (E) (NYMEX:GC.M23.E)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.M23.E
Open High Low GC.M23.E Price Change
1441.1 1441.1 1441.1 1385.3 -4.3
Entry Signal

MarketClub’s Trade Triangles for GC.M23.E

long term down The long term trend has been DOWN since at

intermediate term down The intermediate term trend has been DOWN since at

short term down The short term trend has been DOWN since at

Smart Scan Analysis for GC.M23.E

Based on a pre-defined weighted trend formula for chart analysis, GC.M23.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for GC.M23.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1441.1 1441.1 1441.1 1385.3 -4.3
Prev. Close Volume Bid Ask Time
1389.6 1 2018-11-29 13:32:32
Contract High1441.1Contract High Date2017-11-10
Contract Low1441.1Contract Low Date2017-11-10
Estimated Volume1First Delivery2023-06-30
Expiration2023-06-28Open Time18:00
Close Time17:00
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