Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Wednesday, October 21, 2020.

GOLD Nov 2020 (NYMEX:GC.X20)

Crossroads (+60) - GC.X20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid GC.X20?

MarketClub looks at technical strength and momentum to determine if the timing is right for GC.X20.

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

Open High Low GC.X20 Price Change
1909.0 1932.0 1908.5 1922.0 +16.3
Entry Signal

MarketClub’s Trade Triangles for GC.X20

long term down The long-term trend has been DOWN since Sep 1st, 2020 at 1977.7

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2020 at 1932.0

short term up The short-term trend has been UP since Oct 20th, 2020 at 1913.4

Smart Scan Analysis for GC.X20

Based on our trend formula, GC.X20 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for GC.X20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1909.0 1932.0 1908.5 1922.0 +16.3
Prev. Close Volume Bid Ask Time
1960.8 801 2020-10-21 11:22:35
Expiration2020-11-25Open Time08:20
Close Time13:30
Get a free daily analysis and signals for GOLD Nov 2020 (GC.X20) - Request Your Free Report.