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 inHOLD SHORT position.Positionally Immediate support for Gold
is 30408.Resistance for the Gold is 30933-30940-30967-31269-31306-31316-
Short term and Intraday Level of GOLD
Currently
Gold is in HOLD SHORT position Gold is moving sideways so short term
investor better to buy only above 30934.0 or hold with stop at 30530.0 The
oscillator is showing BUY signal
Intraday Trend- Buy is advised above 30841.7 with a stop at 30439.9 Below 30347 go for sell
Intraday Resistance of GOLD are 30671.7/30736.1/30976.3/31064.4
Intraday Support of GOLD are 30516.3/30451.9/30276.3/30189.4
Intraday Trend- Buy is advised above 30841.7 with a stop at 30439.9 Below 30347 go for sell
Intraday Resistance of GOLD are 30671.7/30736.1/30976.3/31064.4
Intraday Support of GOLD are 30516.3/30451.9/30276.3/30189.4
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