Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, November 18, 2019.

GOLD Feb 2020 (NYMEX:GC.G20)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

NYMEX_GC.G20
Open High Low GC.G20 Price Change
1475.1 1479.4 1463.3 1478.1 +2.7
Entry Signal

MarketClub’s Trade Triangles for GC.G20

long term up The long term trend has been UP since Jun 4th, 2019 at 1348.0

intermediate term down The intermediate term trend has been DOWN since Sep 9th, 2019 at 1509.0

short term down The short term trend has been DOWN since Nov 18th, 2019 at 1469.8

Smart Scan Analysis for GC.G20

Based on a pre-defined weighted trend formula for chart analysis, GC.G20 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for GC.G20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1475.1 1479.4 1463.3 1478.1 +2.7
Prev. Close Volume Bid Ask Time
1494.2 21348 2019-11-18 10:38:16
First Delivery2020-02-28Expiration2020-02-26
Open Time18:00Close Time17:00
Want to analyze GOLD Feb 2020 GC.G20 or another symbol? Try our Free Future Trend Analysis Report.