Analyze Symbol

Future Trend Analysis Report

Prepared for you on Sunday, December 9, 2018.

GOLD Oct 2019 (E) (NYMEX:GC.V19.E)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.V19.E
Open High Low GC.V19.E Price Change
1256.8 1257.6 1256.8 1250.2 -4.3
Entry Signal

MarketClub’s Trade Triangles for GC.V19.E

long term down The long term trend has been DOWN since May 1st, 2018 at 1360.0

intermediate term down The intermediate term trend has been DOWN since Nov 9th, 2018 at 1244.7

short term up The short term trend has been UP since Nov 29th, 2018 at 1254.5

Smart Scan Analysis for GC.V19.E

Based on a pre-defined weighted trend formula for chart analysis, GC.V19.E scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for GC.V19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1256.8 1257.6 1256.8 1250.2 -4.3
Prev. Close Volume Bid Ask Time
1257.3 308 2018-11-29 13:32:32
Contract High1404.8Contract High Date2018-04-18
Contract Low1210.8Contract Low Date2018-08-16
Estimated Volume27First Delivery2019-10-31
Expiration2019-10-29Open Time18:00
Close Time17:00
Want to analyze GOLD Oct 2019 (E) GC.V19.E or another symbol? Try our Free Future Trend Analysis Report.