Future Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
GOLD (TAS) Dec 2020 (NYMEX:GCT.Z20)
Bull Market Weakness (+75) - GCT.Z20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GCT.Z20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GCT.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for GCT.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GCT.Z20
The long-term trend has been UP since Jul 31st, 2020 at 4
The intermediate-term trend has been DOWN since Oct 21st, 2020 at -1
The short-term trend has been UP since Oct 22nd, 2020 at 1
Smart Scan Analysis for GCT.Z20
Based on our trend formula, GCT.Z20 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).