Future Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
GOLD Jun 2019 (NYMEX:GC.M19)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.
MarketClub’s Trade Triangles for GC.M19
The long term trend has been UP since Dec 7th, 2018 at 1264.0
The intermediate term trend has been UP since Mar 25th, 2019 at 1325.2
The short term trend has been UP since Mar 8th, 2019 at 1296.8
Smart Scan Analysis for GC.M19
Based on a pre-defined weighted trend formula for chart analysis, GC.M19 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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