Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Friday, October 30, 2020.

GOLD (E-MINI) Dec 2020 (NYMEX:QO.Z20)

Weak Downtrend (-65) - QO.Z20 is showing signs of a strengthening downtrend. Monitor QO.Z20 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QO.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QO.Z20.

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

NYMEX_QO.Z20
Open High Low QO.Z20 Price Change
1875.00 1890.50 1863.75 1880.25 +12.25
Entry Signal

MarketClub’s Trade Triangles for QO.Z20

long term up The long-term trend has been UP since Apr 6th, 2020 at 1690.00

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2020 at 1922.00

short term down The short-term trend has been DOWN since Oct 23rd, 2020 at 1903.25

Smart Scan Analysis for QO.Z20

Based on our trend formula, QO.Z20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QO.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1875.00 1890.50 1863.75 1880.25 +12.25
Prev. Close Volume Bid Ask Time
1968.00 787 2020-10-30 12:38:34
Expiration2020-11-25Open Time18:00
Close Time17:00
Get a free daily analysis and signals for GOLD (E-MINI) Dec 2020 (QO.Z20) - Request Your Free Report.