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Future Trend Analysis Report

Prepared for you on Sunday, September 23, 2018.

GOLD Oct 2018 (E) (NYMEX:GC.V18.E)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.V18.E
Open High Low GC.V18.E Price Change
1207.4 1210.8 1191.8 1196.6 -7.4
Entry Signal

MarketClub’s Trade Triangles for GC.V18.E

long term down The long term trend has been DOWN since May 1st, 2018 at 1322.5

intermediate term down The intermediate term trend has been DOWN since Jun 15th, 2018 at 1293.2

short term down The short term trend has been DOWN since Sep 21st, 2018 at 1196.1

Smart Scan Analysis for GC.V18.E

Based on a pre-defined weighted trend formula for chart analysis, GC.V18.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for GC.V18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1207.4 1210.8 1191.8 1196.6 -7.4
Prev. Close Volume Bid Ask Time
1199.5 6578 2018-09-21 13:30:53
Contract High1386Contract High Date2018-01-25
Contract Low1162.1Contract Low Date2016-12-15
Estimated Volume7489First Delivery2018-10-31
Expiration2018-10-29Open Time08:20
Close Time13:30
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