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Future Trend Analysis Report

Prepared for you on Wednesday, October 16, 2019.

GOLD (E-MINI) Jun 2020 (NYMEX:QO.M20)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_QO.M20
Open High Low QO.M20 Price Change
1500.0 1500.0 1500.0 1500.0 -0.5
Entry Signal

MarketClub’s Trade Triangles for QO.M20

long term down The long term trend has been DOWN since Sep 10th, 2019 at 1527.75

intermediate term down The intermediate term trend has been DOWN since Sep 10th, 2019 at 1527.75

short term down The short term trend has been DOWN since Oct 10th, 2019 at 1521.50

Smart Scan Analysis for QO.M20

Based on a pre-defined weighted trend formula for chart analysis, QO.M20 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for QO.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1500.0 1500.0 1500.0 1500.0 -0.5
Prev. Close Volume Bid Ask Time
1523.0 3 2019-10-16 17:28:26
Expiration2020-05-27Open Time18:00
Close Time17:00
Want to analyze GOLD (E-MINI) Jun 2020 QO.M20 or another symbol? Try our Free Future Trend Analysis Report.