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Future Trend Analysis Report

Prepared for you on Saturday, April 20, 2019.

GOLD Jun 2020 (NYMEX:GC.M20)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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.

NYMEX_GC.M20
Open High Low GC.M20 Price Change
1310.9 1313.1 1308.9 1310.9 -1.6
Entry Signal

MarketClub’s Trade Triangles for GC.M20

long term down The long term trend has been DOWN since Apr 15th, 2019 at 1327.4

intermediate term down The intermediate term trend has been DOWN since Apr 1st, 2019 at 1333.8

short term down The short term trend has been DOWN since Apr 11th, 2019 at 1338.4

Smart Scan Analysis for GC.M20

Based on a pre-defined weighted trend formula for chart analysis, GC.M20 scored -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
1310.9 1313.1 1308.9 1310.9 -1.6
Prev. Close Volume Bid Ask Time
1364.9 35 2019-04-18 12:22:24
First Delivery2020-06-30Expiration2020-06-26
Open Time08:20Close Time13:30
Want to analyze GOLD Jun 2020 GC.M20 or another symbol? Try our Free Future Trend Analysis Report.