Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Friday, August 14, 2020.

GOLD Aug 2020 (NYMEX:GC.Q20)

Weak Uptrend (+65) - GC.Q20 is showing signs of weakening momentum to the upside. Monitor GC.Q20 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GC.Q20?

MarketClub looks at technical strength and momentum to determine if the timing is right for GC.Q20.

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

NYMEX_GC.Q20
Open High Low GC.Q20 Price Change
1938.7 1939.8 1938.7 1939.8 -7.2
Entry Signal

MarketClub’s Trade Triangles for GC.Q20

long term up The long-term trend has been UP since Apr 6th, 2020 at 1708.0

intermediate term up The intermediate-term trend has been UP since Jun 19th, 2020 at 1758.6

short term down The short-term trend has been DOWN since Aug 7th, 2020 at 2011.0

Smart Scan Analysis for GC.Q20

Based on our trend formula, GC.Q20 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for GC.Q20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1938.7 1939.8 1938.7 1939.8 -7.2
Prev. Close Volume Bid Ask Time
1737.3 5 2020-08-14 05:57:13
Expiration2020-08-27Open Time18:00
Close Time17:00
Get a free daily analysis and signals for GOLD Aug 2020 (GC.Q20) - Request Your Free Report.