GOLD TREND FOR TODAY- 06-March-2013

Gold is bearish for medium-long term .Currently Gold is moving sideways The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal .In last 1 month volatality is very less Buy the Gold above 30396 or buy with strict stop at 29146. 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 SHORT position.Positionally Immediate support for Gold is 29146.Resistance for the Gold is 29800-29889-30227-30462-30689-30959-

Short term and Intraday Level of GOLD

Currently Gold is in HOLD SHORT position Gold is moving sideways so short term investor better to buy only above 29934.0 with stop at 29455.0 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 29848 with a stop at 29400.4 Below 29290.9 go for sell
Intraday Resistance of GOLD are 29676.7/29766.1/29971.2/30057.9
Intraday Support of GOLD are 29461.3/29371.9/29282.8/29197.3

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