Gold is
bearish for medium-long term .Currently Gold is in strong downtrend and the
trend is supported with good volume The open interest is not increasing with
trend .. The Gold is now trading in overbought level. The Gold is now trading
in overbought level. The oscillator is showing SELL signal For short term Gold
is inSELL position.Positionally
Immediate support for Gold is 29675.Resistance for the Gold is
30546-30662-30799-30983-31235-31236-
Short term and Intraday Level of GOLD
Currently
Gold is in HOLD SHORT position The Gold is in downtrend For short term
buy only if close above 30309.0 The Gold is now trading in highly oversold
level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 30055.1 with a stop at 29749.3 Below 29687.4 go for sell
Intraday Resistance of GOLD are 30119.7/30326.2/30318.2/30405.4
Intraday Support of GOLD are 29622.3/29415.8/29625.8/29539.8
Intraday Trend- Buy is advised above 30055.1 with a stop at 29749.3 Below 29687.4 go for sell
Intraday Resistance of GOLD are 30119.7/30326.2/30318.2/30405.4
Intraday Support of GOLD are 29622.3/29415.8/29625.8/29539.8
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