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Future Trend Analysis Report

Prepared for you on Tuesday, May 21, 2019.

GOLD Jun 2019 (NYMEX:GC.M19)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.M19 Price Change
1277.7 1277.7 1269.0 1274.3 -3.0
Entry Signal

MarketClub’s Trade Triangles for GC.M19

long term down The long term trend has been DOWN since Apr 5th, 2019 at 1288.7

intermediate term up The intermediate term trend has been UP since May 13th, 2019 at 1290.9

short term down The short term trend has been DOWN since May 16th, 2019 at 1295.7

Smart Scan Analysis for GC.M19

Based on a pre-defined weighted trend formula for chart analysis, GC.M19 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GC.M19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1277.7 1277.7 1269.0 1274.3 -3.0
Prev. Close Volume Bid Ask Time
1330.8 199480 2019-05-21 14:55:58
First Delivery2019-06-28Expiration2019-06-26
Open Time18:00Close Time17:00
Want to analyze GOLD Jun 2019 GC.M19 or another symbol? Try our Free Future Trend Analysis Report.