Analyze Symbol

Future Trend Analysis Report

Prepared for you on Wednesday, December 11, 2019.

GOLD Jun 2020 (NYMEX:GC.M20)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.M20 Price Change
1478.5 1481.2 1478.2 1481.2 +2.4
Entry Signal

MarketClub’s Trade Triangles for GC.M20

long term up The long term trend has been UP since Jun 6th, 2019 at 1361.0

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2019 at 1492.9

short term down The short term trend has been DOWN since Dec 6th, 2019 at 1487.3

Smart Scan Analysis for GC.M20

Based on a pre-defined weighted trend formula for chart analysis, GC.M20 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GC.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1478.5 1481.2 1478.2 1481.2 +2.4
Prev. Close Volume Bid Ask Time
1474.6 32 2019-12-11 04:20:03
First Delivery2020-06-30Expiration2020-06-26
Open Time18:00Close Time17:00
Want to analyze GOLD Jun 2020 GC.M20 or another symbol? Try our Free Future Trend Analysis Report.