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Future Trend Analysis Report

Prepared for you on Monday, November 12, 2018.

GOLD Dec 2019 (E) (NYMEX:GC.Z19.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.Z19.E
Open High Low GC.Z19.E Price Change
1243.4 1244.4 1238.1 1238.1 -6.9
Entry Signal

MarketClub’s Trade Triangles for GC.Z19.E

long term down The long term trend has been DOWN since May 1st, 2018 at 1365.8

intermediate term down The intermediate term trend has been DOWN since Nov 9th, 2018 at 1250.0

short term down The short term trend has been DOWN since Nov 7th, 2018 at 1263.0

Smart Scan Analysis for GC.Z19.E

Based on a pre-defined weighted trend formula for chart analysis, GC.Z19.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for GC.Z19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1243.4 1244.4 1238.1 1238.1 -6.9
Prev. Close Volume Bid Ask Time
1246.1 569 2018-11-12 14:11:05
Contract High1473.2Contract High Date2014-02-18
Contract Low1106.8Contract Low Date2015-11-17
Estimated Volume462First Delivery2019-12-31
Expiration2019-12-27Open Time08:20
Close Time13:30
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