Future Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
GOLD Apr 2020 (NYMEX:GC.J20)
Strong Uptrend (+100) - GC.J20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GC.J20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid GC.J20?
MarketClub looks at technical strength and momentum to determine if the timing is right for GC.J20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GC.J20
The long-term trend has been UP since Jun 5th, 2019 at 1359.1
The intermediate-term trend has been UP since Dec 3rd, 2019 at 1487.7
The short-term trend has been UP since Feb 13th, 2020 at 1577.1
Smart Scan Analysis for GC.J20
Based on our trend formula, GC.J20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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