Gold is bearish for medium-long term .Currently Gold is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal For short term Gold is in HOLD LONG position.Positionally Support for the Gold is 30409-30398-30290-.Resistance for the Gold is 30832-31122-31165-
Short term and Intraday Level of GOLD
Currently Gold is in HOLD SHORT position The Gold is in downtrend For short term buy only if close above 30761.0 The oscillator is showing SELL signalIntraday Trend- Buy is advised above 30787.3 with a stop at 30435.6 Below 30359.3 go for sellIntraday Resistance of GOLD are 30633.8/30684.2/30922.7/31010.7Intraday Support of GOLD are 30512.2/30461.8/30223.3/30136.4
To Get Free Tips:
9770670009, 0731-3299704
0 comments :
Post a Comment