Future Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
MINI GOLD JUNE 2020 (ICE:@YG.M20)
Sidelines Mode (+55) - @YG.M20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @YG.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @YG.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @YG.M20
The long-term trend has been UP since Feb 18th, 2020 at 1600.0
The intermediate-term trend has been UP since Apr 6th, 2020 at 1683.7
The short-term trend has been DOWN since May 18th, 2020 at 1737.9
Smart Scan Analysis for @YG.M20
Based on our trend formula, @YG.M20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1786.2||52wk High Date||2020-04-14|
|52wk Low||1454.4||52wk Low Date||2020-03-16|