Future Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
S&P 500 INDEX UTILITIES SECTOR (E-MINI) Jun 2020 (CME:XAU.M20)
Strong Uptrend (+100) - XAU.M20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, XAU.M20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid XAU.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAU.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAU.M20
The long-term trend has been UP since Mar 30th, 2020 at 581.4
The intermediate-term trend has been UP since May 26th, 2020 at 578.1
The short-term trend has been UP since May 26th, 2020 at 572.6
Smart Scan Analysis for XAU.M20
Based on our trend formula, XAU.M20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).