Future Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
GOLD Dec 2020 (NYMEX:GC.Z20)
Weak Downtrend (-65) - GC.Z20 is showing signs of a strengthening downtrend. Monitor GC.Z20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid GC.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for GC.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GC.Z20
The long-term trend has been DOWN since Mar 19th, 2020 at 1485
The intermediate-term trend has been DOWN since Mar 12th, 2020 at 1582
The short-term trend has been UP since Mar 23rd, 2020 at 1530
Smart Scan Analysis for GC.Z20
Based on our trend formula, GC.Z20 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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