Gold is
bearish for medium-long term .Currently Gold is in strong downtrend with good
momentum 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 in SELL position.Positionally Immediate support
for Gold is 30408.Resistance for the Gold is
30867-30908-30927-31160-31288-31293-
Short term and Intraday Level of GOLD
Currently
Gold is in HOLD LONG position Gold is moving sideways so short term
investor better to buy only above 30847.0 with stop at 30545.0 The oscillator
is showing BUY signal
Intraday Trend- Buy is advised above 30904.7 with a stop at 30553.8 Below 30478 go for sell
Intraday Resistance of GOLD are 30797.1/30885.2/31081.9/31170.1
Intraday Support of GOLD are 30584.9/30496.8/30380.7/30293.6
Intraday Trend- Buy is advised above 30904.7 with a stop at 30553.8 Below 30478 go for sell
Intraday Resistance of GOLD are 30797.1/30885.2/31081.9/31170.1
Intraday Support of GOLD are 30584.9/30496.8/30380.7/30293.6
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