Future Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
GOLD (TAS) Apr 2019 (NYMEX:GCT.J19)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 GCT.J19
The long term trend has been UP since Jan 3rd, 2019 at 1
The intermediate term trend has been UP since Jan 3rd, 2019 at 1
The short term trend has been DOWN since Jan 4th, 2019 at 1
Smart Scan Analysis for GCT.J19
Based on a pre-defined weighted trend formula for chart analysis, GCT.J19 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||18:00||Close Time||13:30|