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Future Trend Analysis Report

Prepared for you on Wednesday, November 13, 2019.

GOLD Nov 2019 (NYMEX:GC.X19)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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.X19
Open High Low GC.X19 Price Change
1456.8 1463.3 1456.8 1462.3 +9.4
Entry Signal

MarketClub’s Trade Triangles for GC.X19

long term down The long term trend has been DOWN since Oct 11th, 2019 at 1488.4

intermediate term down The intermediate term trend has been DOWN since Oct 11th, 2019 at 1488.4

short term down The short term trend has been DOWN since Nov 5th, 2019 at 1496.1

Smart Scan Analysis for GC.X19

Based on a pre-defined weighted trend formula for chart analysis, GC.X19 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for GC.X19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1456.8 1463.3 1456.8 1462.3 +9.4
Prev. Close Volume Bid Ask Time
1483.5 50 2019-11-13 11:50:22
Expiration2019-11-26Open Time08:20
Close Time13:30
Want to analyze GOLD Nov 2019 GC.X19 or another symbol? Try our Free Future Trend Analysis Report.