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Future Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

GOLD Dec 2020 (NYMEX:GC.Z20)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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.Z20
Open High Low GC.Z20 Price Change
1503.0 1506.0 1488.0 1489.3 -15.9
Entry Signal

MarketClub’s Trade Triangles for GC.Z20

long term up The long term trend has been UP since Jun 5th, 2019 at 1368.2

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2019 at 1506.1

short term down The short term trend has been DOWN since Dec 6th, 2019 at 1502.5

Smart Scan Analysis for GC.Z20

Based on a pre-defined weighted trend formula for chart analysis, GC.Z20 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for GC.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1503.0 1506.0 1488.0 1489.3 -15.9
Prev. Close Volume Bid Ask Time
1489.3 435 2019-12-06 15:22:15
First Delivery2020-12-31Expiration2020-12-29
Open Time18:00Close Time17:00
Want to analyze GOLD Dec 2020 GC.Z20 or another symbol? Try our Free Future Trend Analysis Report.