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Future Trend Analysis Report

Prepared for you on Sunday, August 9, 2020.

GOLD Jul 2020 (NYMEX:GC.N20)

Strong Uptrend (+100) - GC.N20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GC.N20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid GC.N20?

MarketClub looks at technical strength and momentum to determine if the timing is right for GC.N20.

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

NYMEX_GC.N20
Open High Low GC.N20 Price Change
1953.2 1953.2 1952.6 1952.6 +24.0
Entry Signal

MarketClub’s Trade Triangles for GC.N20

long term up The long-term trend has been UP since Jun 23rd, 2020 at 1780.0

intermediate term up The intermediate-term trend has been UP since Jun 19th, 2020 at 1749.1

short term up The short-term trend has been UP since Jul 20th, 2020 at 1810.9

Smart Scan Analysis for GC.N20

Based on our trend formula, GC.N20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for GC.N20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1953.2 1953.2 1952.6 1952.6 +24.0
Prev. Close Volume Bid Ask Time
1731.9 2 2020-07-28 18:28:46
Expiration2020-07-29Open Time08:20
Close Time13:30
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