Gold is bearish for medium-long term .Currently Gold is
in strong downtrend and the trend is supported with good volume 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 29146.Resistance for the Gold is
29948-30165-30311-30588-30788-31018-
Short
term and Intraday Level of GOLD
Currently Gold is in HOLD LONG position In short term Gold is in strong up trend
so hold with stop at 29608 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 30005.6 with a stop at 29582.4 Below 29481.3 go for sell with stop at 29904
Intraday Resistance of GOLD are 29914.7/30057.3/30176.1/30263
Intraday Support of GOLD are 29571.3/29428.7/29485.2/29399.4
Intraday Trend- Buy is advised above 30005.6 with a stop at 29582.4 Below 29481.3 go for sell with stop at 29904
Intraday Resistance of GOLD are 29914.7/30057.3/30176.1/30263
Intraday Support of GOLD are 29571.3/29428.7/29485.2/29399.4
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