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Future Trend Analysis Report

Prepared for you on Saturday, April 20, 2019.

GOLD May 2019 (NYMEX:GC.K19)

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.

NYMEX_GC.K19
Open High Low GC.K19 Price Change
1273.5 1276.6 1270.4 1274.0 +0.2
Entry Signal

MarketClub’s Trade Triangles for GC.K19

long term down The long term trend has been DOWN since Mar 1st, 2019 at 1318.1

intermediate term down The intermediate term trend has been DOWN since Apr 1st, 2019 at 1288.6

short term down The short term trend has been DOWN since Apr 11th, 2019 at 1297.5

Smart Scan Analysis for GC.K19

Based on a pre-defined weighted trend formula for chart analysis, GC.K19 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for GC.K19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1273.5 1276.6 1270.4 1274.0 +0.2
Prev. Close Volume Bid Ask Time
1273.5 572 2019-04-18 16:02:44
Expiration2019-05-29Open Time08:20
Close Time13:30
Want to analyze GOLD May 2019 GC.K19 or another symbol? Try our Free Future Trend Analysis Report.