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Future Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

GOLD Aug 2019 (NYMEX:GC.Q19)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.Q19
Open High Low GC.Q19 Price Change
1327.2 1337.3 1327.2 1337.3 +10.9
Entry Signal

MarketClub’s Trade Triangles for GC.Q19

long term up The long term trend has been UP since Dec 7th, 2018 at 1268.3

intermediate term up The intermediate term trend has been UP since Jan 25th, 2019 at 1319.0

short term up The short term trend has been UP since Feb 15th, 2019 at 1333.5

Smart Scan Analysis for GC.Q19

Based on a pre-defined weighted trend formula for chart analysis, GC.Q19 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for GC.Q19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1327.2 1337.3 1327.2 1337.3 +10.9
Prev. Close Volume Bid Ask Time
1302.3 420 2019-02-15 15:50:22
First Delivery2019-08-30Expiration2019-08-28
Open Time08:20Close Time13:30
Want to analyze GOLD Aug 2019 GC.Q19 or another symbol? Try our Free Future Trend Analysis Report.