Future Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
GOLD (E-MINI) Jun 2020 (NYMEX:QO.M20)
Crossroads (-60) - QO.M20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QO.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QO.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QO.M20
The long-term trend has been UP since Apr 6th, 2020 at 1706.25
The intermediate-term trend has been DOWN since May 27th, 2020 at 1688.25
The short-term trend has been DOWN since May 18th, 2020 at 1737.75
Smart Scan Analysis for QO.M20
Based on our trend formula, QO.M20 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).