Future Trend Analysis Report
Prepared for you on Thursday, August 13, 2020.
GOLD 100 OZ JULY 2020 (ICE:@ZG.N20)
Weak Downtrend (-65) - @ZG.N20 is showing signs of a strengthening downtrend. Monitor @ZG.N20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid @ZG.N20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @ZG.N20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @ZG.N20
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for @ZG.N20
Based on our trend formula, @ZG.N20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).