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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.

Open High Low GC.J20 Price Change
1624.5 1636.0 1619.8 1633.3 +6.3
Entry Signal

MarketClub’s Trade Triangles for GC.J20

long term down The long-term trend has been DOWN since Mar 19th, 2020 at 1469

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2020 at 1564

short term up 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).

Smart Scan Analysis for GC.J20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1624.5 1636.0 1619.8 1633.3 +6.3
Prev. Close Volume Bid Ask Time
1577.1 638 2020-04-03 16:26:09
First Delivery2020-04-30Expiration2020-04-28
Open Time08:20Close Time13:30
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