Analyze Symbol

Future Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

GOLD Dec 2019 (NYMEX:GC.Z19)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.Z19
Open High Low GC.Z19 Price Change
1311.1 1315.8 1308.0 1315.3 +1.5
Entry Signal

MarketClub’s Trade Triangles for GC.Z19

long term up The long term trend has been UP since Dec 7th, 2018 at 1281.3

intermediate term down The intermediate term trend has been DOWN since Jan 21st, 2019 at 1309.6

short term down The short term trend has been DOWN since Jan 15th, 2019 at 1319.0

Smart Scan Analysis for GC.Z19

Based on a pre-defined weighted trend formula for chart analysis, GC.Z19 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for GC.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1311.1 1315.8 1308.0 1315.3 +1.5
Prev. Close Volume Bid Ask Time
1321.1 1340 2019-01-22 16:38:57
First Delivery2019-12-31Expiration2019-12-27
Open Time18:00Close Time17:00
Want to analyze GOLD Dec 2019 GC.Z19 or another symbol? Try our Free Future Trend Analysis Report.