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Future Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

GOLD Jun 2020 (NYMEX:GC.M20)

Long-Term Uptrend (+90) - GC.M20 is in a strong uptrend that is likely to continue. While GC.M20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid GC.M20?

MarketClub looks at technical strength and momentum to determine if the timing is right for GC.M20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_GC.M20
Open High Low GC.M20 Price Change
1743.0 1743.0 1735.0 1736.4 -1.0
Entry Signal

MarketClub’s Trade Triangles for GC.M20

long term up The long-term trend has been UP since Apr 6th, 2020 at 1707.8

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 1698.0

short term up The short-term trend has been UP since May 29th, 2020 at 1722.0

Smart Scan Analysis for GC.M20

Based on our trend formula, GC.M20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for GC.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1743.0 1743.0 1735.0 1736.4 -1.0
Prev. Close Volume Bid Ask Time
1591.1 83 2020-06-02 03:17:36
First Delivery2020-06-30Expiration2020-06-26
Open Time08:20Close Time13:30
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