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Forex Trend Analysis Report

Prepared for you on Thursday, April 17, 2014.

Gold Spot (FOREX:XAUUSDO)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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.

FOREX_XAUUSDO
Open High Low XAUUSDO Price Change
1300.800 1304.180 1293.150 1295.285 -5.515
Entry Signal

MarketClub’s Trade Triangles for XAUUSDO

long term up The long term trend has been UP since Feb 16th, 2014 at 1326.91

intermediate term down The intermediate term trend has been DOWN since Mar 24th, 2014 at 1320.75

short term down The short term trend has been DOWN since Apr 15th, 2014 at 1314.28

Smart Scan Analysis for XAUUSDO

Based on a pre-defined weighted trend formula for chart analysis, XAUUSDO scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for XAUUSDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1300.800 1304.180 1293.150 1295.285 -5.515
Prev. Close Volume Bid Ask Time
1300.8 1294.950 1295.620 2014-04-17 22:59:34
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