Future Trend Analysis Report
Prepared for you on Sunday, July 12, 2020.
GOLD (E-MINI) Aug 2020 (NYMEX:QO.Q20)
Countertrend Up (+85) - QO.Q20 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QO.Q20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QO.Q20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QO.Q20
The long-term trend has been UP since Sep 28th, 2018 at 1247.10
The intermediate-term trend has been UP since Jun 19th, 2020 at 1759.00
The short-term trend has been DOWN since Jul 10th, 2020 at 1804.25
Smart Scan Analysis for QO.Q20
Based on our trend formula, QO.Q20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).