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Forex Trend Analysis Report

Prepared for you on Sunday, July 12, 2020.

Gold Spot (FOREX:XAUUSDO)

Strong Uptrend (+100) - XAUUSDO is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, XAUUSDO continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid XAUUSDO?

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

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

FOREX_XAUUSDO
Open High Low XAUUSDO Price Change
1798.200 1804.850 1798.065 1804.705 +6.505
Entry Signal

MarketClub’s Trade Triangles for XAUUSDO

long term up The long-term trend has been UP since Jun 23rd, 2020 at 1765.35

intermediate term up The intermediate-term trend has been UP since Jun 21st, 2020 at 1745.15

short term up The short-term trend has been UP since Jul 6th, 2020 at 1779.31

Smart Scan Analysis for XAUUSDO

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

+100
Smart Scan Analysis for XAUUSDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1798.200 1804.850 1798.065 1804.705 +6.505
Prev. Close Volume Bid Ask Time
1798.200 1804.650 1804.760 2020-07-12 23:47:38
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