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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

Gold Spot (FOREX:XAUUSDO)

Bull Market Weakness (+75) - XAUUSDO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XAUUSDO as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid XAUUSDO?

MarketClub looks at technical strength and momentum to determine if the timing is right for XAUUSDO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_XAUUSDO
Open High Low XAUUSDO Price Change
1618.60 1624.70 1612.78 1621.93 +3.33
Entry Signal

MarketClub’s Trade Triangles for XAUUSDO

long term up The long-term trend has been UP since Jan 2nd, 2020 at 1530.800

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2020 at 1566.500

short term up The short-term trend has been UP since Mar 23rd, 2020 at 1515.665

Smart Scan Analysis for XAUUSDO

Based on our trend formula, XAUUSDO is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for XAUUSDO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1618.60 1624.70 1612.78 1621.93 +3.33
Prev. Close Volume Bid Ask Time
1618.60 1620.47 1623.39 2020-03-30 05:23:35
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