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Future Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

GOLD Dec 2023 (E) (NYMEX:GC.Z23.E)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.Z23.E
Open High Low GC.Z23.E Price Change
1466.0 1466.0 1466.0 1378.5 +3.3
Entry Signal

MarketClub’s Trade Triangles for GC.Z23.E

long term down The long term trend has been DOWN since May 15th, 2018 at 1529.0

intermediate term down The intermediate term trend has been DOWN since Apr 23rd, 2018 at 1549.9

short term up The short term trend has been UP since Jul 5th, 2018 at 1462.8

Smart Scan Analysis for GC.Z23.E

Based on a pre-defined weighted trend formula for chart analysis, GC.Z23.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for GC.Z23.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1466.0 1466.0 1466.0 1378.5 +3.3
Prev. Close Volume Bid Ask Time
1378.5 2 2018-08-20 13:35:50
Contract High1560Contract High Date2018-04-09
Contract Low1466Contract Low Date2018-07-09
Estimated Volume2First Delivery2023-12-29
Expiration2023-12-27Open Time18:00
Close Time17:00
Want to analyze GOLD Dec 2023 (E) GC.Z23.E or another symbol? Try our Free Future Trend Analysis Report.