Gold is bearish for medium-long term .Currently Gold is
in strong downtrend 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 and closed above 1 week high
with volume signals up breakout.Positionally Support for the Gold is
29751-.Resistance for the Gold is 30237-30330-30607-30812-31032-
Short
term and Intraday Level of GOLD
Gold closed above 1 week
high with volume signals up breakoutCurrently Gold is in HOLD LONG position In short term Gold is in strong up trend
so hold with stop at 29545 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 30357.6 with a stop at 29929.5 Below 29827.2 go for sell with a stop at 30254.9
Intraday Resistance of GOLD are 30382.4/30623.4/30296.1/30383.2
Intraday Support of GOLD are 29801.6/29560.6/29603.9/29517.9
Intraday Trend- Buy is advised above 30357.6 with a stop at 29929.5 Below 29827.2 go for sell with a stop at 30254.9
Intraday Resistance of GOLD are 30382.4/30623.4/30296.1/30383.2
Intraday Support of GOLD are 29801.6/29560.6/29603.9/29517.9
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