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
30738-30807-30884-31053-31261-31265-
Short term and Intraday Level of GOLD
Currently
Gold is in HOLD SHORT position Gold is in sideways so for short term
better buy above 30847.0 with stop at 30258.0 The oscillator is showing SELL
signal
Intraday Trend- Buy is advised only above 30524.9 with a stop at 30214.4 Below 30151.6 go for sell and put stop at 30461.8
Intraday Resistance of GOLD are 30419.6/30487.3/30697.1/30784.7
Intraday Support of GOLD are 30256.4/30188.7/30000.3/29913.7
Intraday Trend- Buy is advised only above 30524.9 with a stop at 30214.4 Below 30151.6 go for sell and put stop at 30461.8
Intraday Resistance of GOLD are 30419.6/30487.3/30697.1/30784.7
Intraday Support of GOLD are 30256.4/30188.7/30000.3/29913.7
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