Gold is
bearish for medium-long term .Currently Gold is in strong downtrend with good
momentum but volume is unsatisfactory 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 30137.Resistance for the Gold is
30792-30837-30897-31084-31270-31275-
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 30847.0 or hold with stop at 30258.0 The
oscillator is showing SELL signal
Intraday Trend- Buy is advised above 30542.1 with a stop at 30195.4 Below 30120.5 go for sell
Intraday Resistance of GOLD are 30457/30561.6/30708.5/30796.2
Intraday Support of GOLD are 30205/30100.4/30011.5/29925
Intraday Trend- Buy is advised above 30542.1 with a stop at 30195.4 Below 30120.5 go for sell
Intraday Resistance of GOLD are 30457/30561.6/30708.5/30796.2
Intraday Support of GOLD are 30205/30100.4/30011.5/29925
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