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Future Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

GOLD Oct 2020 (NYMEX:GC.V20)

Sidelines Mode (-55) - GC.V20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid GC.V20?

MarketClub looks at technical strength and momentum to determine if the timing is right for GC.V20.

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

NYMEX_GC.V20
Open High Low GC.V20 Price Change
1633.0 1649.6 1629.3 1649.6 +5.6
Entry Signal

MarketClub’s Trade Triangles for GC.V20

long term down The long-term trend has been DOWN since Mar 19th, 2020 at 1482.9

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2020 at 1578.0

short term up The short-term trend has been UP since Apr 3rd, 2020 at 1633.0

Smart Scan Analysis for GC.V20

Based on our trend formula, GC.V20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for GC.V20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1633.0 1649.6 1629.3 1649.6 +5.6
Prev. Close Volume Bid Ask Time
1592.1 1202 2020-04-03 15:28:20
First Delivery2020-10-30Expiration2020-10-28
Open Time18:00Close Time17:00
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