Analyze Symbol

Future Trend Analysis Report

Prepared for you on Wednesday, October 18, 2017.

GOLD Oct 2017 (E) (NYMEX:GC.V17.E)

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.

NYMEX_GC.V17.E
Open High Low GC.V17.E Price Change
1295.1 1295.1 1283.1 1284.0 -15.9
Entry Signal

MarketClub’s Trade Triangles for GC.V17.E

long term up The long term trend has been UP since Aug 18th, 2017 at 1302.1

intermediate term down The intermediate term trend has been DOWN since Sep 21st, 2017 at 1294.0

short term down The short term trend has been DOWN since Oct 17th, 2017 at 1291.7

Smart Scan Analysis for GC.V17.E

Based on a pre-defined weighted trend formula for chart analysis, GC.V17.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for GC.V17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1295.1 1295.1 1283.1 1284.0 -15.9
Prev. Close Volume Bid Ask Time
1291.9 570 2017-10-17 15:53:01
Contract High1389.4Contract High Date2016-08-03
Contract Low1137.5Contract Low Date2016-12-15
Estimated Volume407First Delivery2017-10-31
Expiration2017-10-27Open Time18:00
Close Time17:00
Want to analyze GOLD Oct 2017 (E) GC.V17.E or another symbol? Try our Free Future Trend Analysis Report.