Analyze Symbol

Future Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

GOLD Jan 2020 (NYMEX:GC.F20)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management 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.F20 Price Change
1478.2 1481.5 1461.0 1461.6 -16.6
Entry Signal

MarketClub’s Trade Triangles for GC.F20

long term down The long term trend has been DOWN since Nov 1st, 2019 at 1518.8

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2019 at 1479.0

short term down The short term trend has been DOWN since Dec 6th, 2019 at 1474.0

Smart Scan Analysis for GC.F20

Based on a pre-defined weighted trend formula for chart analysis, GC.F20 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GC.F20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1478.2 1481.5 1461.0 1461.6 -16.6
Prev. Close Volume Bid Ask Time
1461.9 679 2019-12-06 16:55:02
Expiration2020-01-29Open Time18:00
Close Time17:00
Want to analyze GOLD Jan 2020 GC.F20 or another symbol? Try our Free Future Trend Analysis Report.