Future Trend Analysis Report
Prepared for you on Sunday, February 16, 2020.
GOLD Jun 2020 (NYMEX:GC.M20)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for GC.M20
The long term trend has been UP since Jun 6th, 2019 at 1361.0
The intermediate term trend has been UP since Dec 3rd, 2019 at 1492.9
The short term trend has been UP since Feb 13th, 2020 at 1582.3
Smart Scan Analysis for GC.M20
Based on a pre-defined weighted trend formula for chart analysis, GC.M20 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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