Free Daily Analysis

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.

NYMEX_QO.M20
Open High Low QO.M20 Price Change
1705.00 1707.75 1684.50 1705.00 -0.50
Entry Signal

MarketClub’s Trade Triangles for QO.M20

long term up The long-term trend has been UP since Apr 6th, 2020 at 1706.25

intermediate term down The intermediate-term trend has been DOWN since May 27th, 2020 at 1688.25

short term down 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).

-60
Smart Scan Analysis for QO.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1705.00 1707.75 1684.50 1705.00 -0.50
Prev. Close Volume Bid Ask Time
1590.00 351 2020-05-27 12:55:29
Expiration2020-05-27Open Time18:00
Close Time17:00
Get a free daily analysis and signals for GOLD (E-MINI) Jun 2020 (QO.M20) - Request Your Free Report.