Wednesday 9 January 2013

Gold trend for today- 10-Jan-2013


Gold is bearish for medium-long term .Currently Gold is moving sideways The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Gold if it close above31316 or buy with strict stop at 30496. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal For short term Gold is in HOLD LONG position.Positionally Immediate support for Gold is 30496.Resistance for the Gold is 30971-31001-31072-31347-31406-31411-

Short term and Intraday Level of GOLD

Currently Gold is in HOLD LONG position Gold is in profit booking mode so better sell and enter at lower level The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 30977.5 with a stop at 30671.7 Below 30611 go for sell
Intraday Resistance of GOLD are 30920.9/31026.2/31209/31297.4
Intraday Support of GOLD are 30667.1/30561.8/30506.3/30419.1

To Get Free Tips:
Commodity Tips
9770670009,0731-3299704

0 comments :

Post a Comment