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Forex Trend Analysis Report

Prepared for you on Saturday, June 24, 2017.

Gold Spot (FOREX:XAUUSDO)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
1251.600 1258.805 1250.795 1256.900 +5.300
Entry Signal

MarketClub’s Trade Triangles for XAUUSDO

long term up The long term trend has been UP since Apr 6th, 2017 at 1263.585

intermediate term down The intermediate term trend has been DOWN since Jun 18th, 2017 at 1252.095

short term up The short term trend has been UP since Jun 22nd, 2017 at 1253.530

Smart Scan Analysis for XAUUSDO

Based on a pre-defined weighted trend formula for chart analysis, XAUUSDO scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for XAUUSDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1251.600 1258.805 1250.795 1256.900 +5.300
Prev. Close Volume Bid Ask Time
1256.9 1256.500 1257.300 2017-06-23 19:17:53
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