Gold trend for today- 15-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 SELL signal .In last 1 month volatality is very less Buy the Gold above 31316 or buy with strict stop at 30499. 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 inHOLD SHORT position. Positionally Immediate support for Gold is 30499.Resistance for the Gold is 30967-30974-30993-31331-31341-31359-

Short term and Intraday Level of GOLD

Currently Gold is in HOLD SHORT position Gold is in down trend so buy above 30858.0 The sell will again come if below 30700.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 30933.1 with a stop at 30613 Below 30547.5 go for sell
Intraday Resistance of GOLD are 30807.8/30864.1/31029/31117.1/31205.4
Intraday Support of GOLD are 30672.2/30615.9/30415.5/30328.4

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