Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, October 14, 2019.

GOLD Oct 2019 (NYMEX:GC.V19)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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.

Open High Low GC.V19 Price Change
1484.4 1484.5 1481.3 1483.8 +1.1
Entry Signal

MarketClub’s Trade Triangles for GC.V19

long term up The long term trend has been UP since Jun 5th, 2019 at 1339.1

intermediate term down The intermediate term trend has been DOWN since Sep 9th, 2019 at 1496.9

short term down The short term trend has been DOWN since Oct 11th, 2019 at 1489.3

Smart Scan Analysis for GC.V19

Based on a pre-defined weighted trend formula for chart analysis, GC.V19 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GC.V19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1484.4 1484.5 1481.3 1483.8 +1.1
Prev. Close Volume Bid Ask Time
1506.3 47 2019-10-13 23:26:44
First Delivery2019-10-31Expiration2019-10-29
Open Time18:00Close Time17:00
Want to analyze GOLD Oct 2019 GC.V19 or another symbol? Try our Free Future Trend Analysis Report.