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Forex Trend Analysis Report

Prepared for you on Wednesday, August 20, 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
1296.450 1296.885 1294.980 1295.300 -1.150
Entry Signal

MarketClub’s Trade Triangles for XAUUSDO

long term up The long term trend has been UP since Jul 2nd, 2014 at 1331.415

intermediate term down The intermediate term trend has been DOWN since Jul 14th, 2014 at 1306.650

short term down The short term trend has been DOWN since Aug 15th, 2014 at 1305.350

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
1296.450 1296.885 1294.980 1295.300 -1.150
Prev. Close Volume Bid Ask Time
1296.450 1294.900 1295.700 2014-08-20 00:49:26
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