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Future Trend Analysis Report

Prepared for you on Friday, April 3, 2020.

GOLD Jun 2020 (NYMEX:GC.M20)

Sidelines Mode (-55) - GC.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 GC.M20?

MarketClub looks at technical strength and momentum to determine if the timing is right for GC.M20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_GC.M20
Open High Low GC.M20 Price Change
1635.3 1652.8 1624.4 1648.5 +13.3
Entry Signal

MarketClub’s Trade Triangles for GC.M20

long term down The long-term trend has been DOWN since Mar 19th, 2020 at 1474.1

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2020 at 1569.1

short term up The short-term trend has been UP since Apr 3rd, 2020 at 1640.7

Smart Scan Analysis for GC.M20

Based on our trend formula, GC.M20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for GC.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1635.3 1652.8 1624.4 1648.5 +13.3
Prev. Close Volume Bid Ask Time
1591.1 130921 2020-04-03 16:59:37
First Delivery2020-06-30Expiration2020-06-26
Open Time08:20Close Time13:30
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