Future Trend Analysis Report
Prepared for you on Tuesday, July 16, 2019.
GOLD Dec 2021 (NYMEX:GC.Z21)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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.
MarketClub’s Trade Triangles for GC.Z21
The long term trend has been UP since Jul 5th, 2019 at 1388.5
The intermediate term trend has been UP since Jun 3rd, 2019 at 1369.9
The short term trend has been UP since Jun 3rd, 2019 at 1373.8
Smart Scan Analysis for GC.Z21
Based on a pre-defined weighted trend formula for chart analysis, GC.Z21 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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