Future Trend Analysis Report
Prepared for you on Thursday, August 13, 2020.
GOLD (E-MINI) Dec 2020 (NYMEX:QO.Z20)
Weak Uptrend (+65) - QO.Z20 is showing signs of weakening momentum to the upside. Monitor QO.Z20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QO.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QO.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QO.Z20
The long-term trend has been UP since Apr 6th, 2020 at 1690.00
The intermediate-term trend has been UP since Jun 19th, 2020 at 1769.00
The short-term trend has been DOWN since Aug 7th, 2020 at 2027.75
Smart Scan Analysis for QO.Z20
Based on our trend formula, QO.Z20 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).