Analyze Symbol

Future Trend Analysis Report

Prepared for you on Friday, August 17, 2018.

GOLD Aug 2018 (E) (NYMEX:GC.Q18.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.

Open High Low GC.Q18.E Price Change
1174.7 1177.2 1174.7 1176.1 -0.1
Entry Signal

MarketClub’s Trade Triangles for GC.Q18.E

long term down The long term trend has been DOWN since May 1st, 2018 at 1315.4

intermediate term down The intermediate term trend has been DOWN since Jun 15th, 2018 at 1286.8

short term down The short term trend has been DOWN since Aug 10th, 2018 at 1205.9

Smart Scan Analysis for GC.Q18.E

Based on a pre-defined weighted trend formula for chart analysis, GC.Q18.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GC.Q18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1174.7 1177.2 1174.7 1176.1 -0.1
Prev. Close Volume Bid Ask Time
1180.2 12 2018-08-17 06:46:31
Contract High1379.3Contract High Date2018-01-25
Contract Low1174.4Contract Low Date2016-12-28
Estimated Volume71First Delivery2018-08-31
Expiration2018-08-29Open Time18:00
Close Time17:00
Want to analyze GOLD Aug 2018 (E) GC.Q18.E or another symbol? Try our Free Future Trend Analysis Report.