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Future Trend Analysis Report

Prepared for you on Monday, August 3, 2020.

GOLD Dec 2020 (NYMEX:GC.Z20)

Strong Uptrend (+100) - GC.Z20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GC.Z20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

NYMEX_GC.Z20
Open High Low GC.Z20 Price Change
1997.4 2009.5 1975.2 1991.8 +5.9
Entry Signal

MarketClub’s Trade Triangles for GC.Z20

long term up The long-term trend has been UP since Apr 6th, 2020 at 1712.1

intermediate term up The intermediate-term trend has been UP since Jun 19th, 2020 at 1771.0

short term up The short-term trend has been UP since Jul 20th, 2020 at 1837.6

Smart Scan Analysis for GC.Z20

Based on our trend formula, GC.Z20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for GC.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1997.4 2009.5 1975.2 1991.8 +5.9
Prev. Close Volume Bid Ask Time
1755.7 175739 2020-08-03 16:27:40
First Delivery2020-12-31Expiration2020-12-29
Open Time08:20Close Time13:30
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