Gold is
bearish for medium-long term .Currently Gold is in strong uptrend with good
momentum 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 The current position is BUY .Positionally Support for the Gold is
30402-30305-.Resistance for the Gold is 30703-30820-31110-31159-
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 30700.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 30678.3 with a stop at 30461.4 Below 30430 go for sell
Intraday Resistance of GOLD are 30623.5/30681.2/30917.7/31005.6
Intraday Support of GOLD are 30484.5/30426.8/30218.3/30131.5
Intraday Trend- Buy is advised above 30678.3 with a stop at 30461.4 Below 30430 go for sell
Intraday Resistance of GOLD are 30623.5/30681.2/30917.7/31005.6
Intraday Support of GOLD are 30484.5/30426.8/30218.3/30131.5
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