Future Trend Analysis Report
Prepared for you on Sunday, September 15, 2019.
GOLD Oct 2019 (NYMEX:GC.V19)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.
MarketClub’s Trade Triangles for GC.V19
The long term trend has been UP since Jun 5th, 2019 at 1339.1
The intermediate term trend has been DOWN since Sep 9th, 2019 at 1496.9
The short term trend has been DOWN since Sep 13th, 2019 at 1486.8
Smart Scan Analysis for GC.V19
Based on a pre-defined weighted trend formula for chart analysis, GC.V19 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||08:20||Close Time||13:30|