Future Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
GOLD Apr 2020 (NYMEX:GC.J20)
Sidelines Mode (-55) - GC.J20 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 GC.J20?
MarketClub looks at technical strength and momentum to determine if the timing is right for GC.J20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GC.J20
The long-term trend has been DOWN since Mar 19th, 2020 at 1469
The intermediate-term trend has been DOWN since Mar 12th, 2020 at 1564
The short-term trend has been UP since Apr 2nd, 2020 at 1621
Smart Scan Analysis for GC.J20
Based on our trend formula, GC.J20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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