Future Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
GOLD Aug 2019 (NYMEX:GC.Q19)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.Q19
The long term trend has been UP since Jun 5th, 2019 at 1334.6
The intermediate term trend has been UP since May 13th, 2019 at 1296.8
The short term trend has been UP since Jul 10th, 2019 at 1404.0
Smart Scan Analysis for GC.Q19
Based on a pre-defined weighted trend formula for chart analysis, GC.Q19 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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