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Forex Trend Analysis Report

Prepared for you on Saturday, April 4, 2020.

Gold Spot (FOREX:XAUUSDO)

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

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
1612.650 1624.980 1606.800 1618.125 +5.475
Entry Signal

MarketClub’s Trade Triangles for XAUUSDO

long term up The long-term trend has been UP since Jan 2nd, 2020 at 1530.80

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2020 at 1566.50

short term up The short-term trend has been UP since Apr 3rd, 2020 at 1620.25

Smart Scan Analysis for XAUUSDO

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

+65
Smart Scan Analysis for XAUUSDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1612.650 1624.980 1606.800 1618.125 +5.475
Prev. Close Volume Bid Ask Time
1612.650 1616.400 1619.850 2020-04-03 19:57:56
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