Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

GOLD Jun 2020 (NYMEX:GC.M20)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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
1530.0 1530.2 1520.5 1527.9 -10.3
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 May 31st, 2019 at 1335.5

short term down The short term trend has been DOWN since Aug 19th, 2019 at 1525.3

Smart Scan Analysis for GC.M20

Based on a pre-defined weighted trend formula for chart analysis, GC.M20 scored +75 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
1530.0 1530.2 1520.5 1527.9 -10.3
Prev. Close Volume Bid Ask Time
1364.9 153 2019-08-19 12:08:12
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.