Analyze Symbol

Future Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

GOLD Aug 2019 (E) (NYMEX:GC.Q19.E)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.Q19.E
Open High Low GC.Q19.E Price Change
1256.8 1256.8 1255.4 1255.4 +1.0
Entry Signal

MarketClub’s Trade Triangles for GC.Q19.E

long term down The long term trend has been DOWN since May 1st, 2018 at 1353.8

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

short term up The short term trend has been UP since Oct 11th, 2018 at 1226.8

Smart Scan Analysis for GC.Q19.E

Based on a pre-defined weighted trend formula for chart analysis, GC.Q19.E scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for GC.Q19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1256.8 1256.8 1255.4 1255.4 +1.0
Prev. Close Volume Bid Ask Time
1255.8 8 2018-10-16 11:04:07
Contract High1405.9Contract High Date2018-04-11
Contract Low1202Contract Low Date2018-08-16
Estimated Volume110First Delivery2019-08-30
Expiration2019-08-28Open Time18:00
Close Time17:00
Want to analyze GOLD Aug 2019 (E) GC.Q19.E or another symbol? Try our Free Future Trend Analysis Report.