Analyze Symbol

Future Trend Analysis Report

Prepared for you on Sunday, August 25, 2019.

GOLD Aug 2019 (NYMEX:GC.Q19)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.Q19 Price Change
1493.5 1527.6 1493.5 1527.2 +29.9
Entry Signal

MarketClub’s Trade Triangles for GC.Q19

long term up The long term trend has been UP since Jun 5th, 2019 at 1334.6

intermediate term up The intermediate term trend has been UP since May 13th, 2019 at 1296.8

short term down The short term trend has been DOWN since Aug 23rd, 2019 at 1494.8

Smart Scan Analysis for GC.Q19

Based on a pre-defined weighted trend formula for chart analysis, GC.Q19 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GC.Q19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1493.5 1527.6 1493.5 1527.2 +29.9
Prev. Close Volume Bid Ask Time
1284.1 981 2019-08-23 16:00:44
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.