Future Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
GOLD 100 OZ JUNE 2019 (ICE:@ZG.M19)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for @ZG.M19
The long term trend has been DOWN since Apr 16th, 2019 at 1291.2
The intermediate term trend has been DOWN since May 16th, 2019 at 1289.1
The short term trend has been DOWN since May 16th, 2019 at 1295.0
Smart Scan Analysis for @ZG.M19
Based on a pre-defined weighted trend formula for chart analysis, @ZG.M19 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk Low||1276.9|
|52wk Low Date||2019-04-16||Volatility||9.66|