Future Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
GOLD Mar 2020 (NYMEX:GC.H20)
Sidelines Mode (-55) - GC.H20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GC.H20?
MarketClub looks at technical strength and momentum to determine if the timing is right for GC.H20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GC.H20
The long-term trend has been DOWN since Mar 13th, 2020 at 1524.3
The intermediate-term trend has been DOWN since Mar 13th, 2020 at 1564.8
The short-term trend has been UP since Mar 22nd, 2020 at 1491.6
Smart Scan Analysis for GC.H20
Based on our trend formula, GC.H20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).