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 Crudeoil is now trading in oversold level. The oscillator is showing
SELL signal For short term Gold is in HOLD SHORT position.Positionally Immediate support for Gold
is 28995.Resistance for the Gold is 29749-29761-30075-30373-30615-30901-
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 29599.0 The Gold is now trading is approaching oversold
level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 29563.1 with a stop at 29192 Below 29107.6 go for sell
Intraday Resistance of GOLD are 29504.1/29644.4/29631.3/29717.4
Intraday Support of GOLD are 29165.9/29025.6/28946.7/28861.7
Intraday Trend- Buy is advised above 29563.1 with a stop at 29192 Below 29107.6 go for sell
Intraday Resistance of GOLD are 29504.1/29644.4/29631.3/29717.4
Intraday Support of GOLD are 29165.9/29025.6/28946.7/28861.7
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