Analyze Symbol

Future Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

GOLD Feb 2020 (E) (NYMEX:GC.G20.E)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.

NYMEX_GC.G20.E
Open High Low GC.G20.E Price Change
1263.9 1269.5 1263.9 1273.8 +0.4
Entry Signal

MarketClub’s Trade Triangles for GC.G20.E

long term down The long term trend has been DOWN since Apr 23rd, 2018 at 1391.5

intermediate term up The intermediate term trend has been UP since Oct 11th, 2018 at 1253.1

short term up The short term trend has been UP since Oct 11th, 2018 at 1236.0

Smart Scan Analysis for GC.G20.E

Based on a pre-defined weighted trend formula for chart analysis, GC.G20.E scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for GC.G20.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1263.9 1269.5 1263.9 1273.8 +0.4
Prev. Close Volume Bid Ask Time
1273.8 14 2018-10-16 13:30:49
Contract High1370Contract High Date2018-05-15
Contract Low1232Contract Low Date2018-10-08
Estimated Volume14First Delivery2020-02-28
Expiration2020-02-26Open Time18:00
Close Time17:00
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