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 29974 or buy with strict stop
at 28995. 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 Support for the Gold is 29367-29281-.Resistance
for the Gold is 29716-30147-30414-30719-
Short
term and Intraday Level of GOLD
Currently Gold is in HOLD LONG position Gold has crossed the high but the trend
was not strong and sellers was at high so for short term better buy above
29741.6 with stop at 29260.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 29741.6 with a stop at 29420.4 Below 29353 go for sell and put stop at 29673.8
Intraday Resistance of GOLD are 29658.9/29751.7/29888.4/29974.9
Intraday Support of GOLD are 29435.1/29342.3/29200.9/29115.5
Intraday Trend- Buy is advised only above 29741.6 with a stop at 29420.4 Below 29353 go for sell and put stop at 29673.8
Intraday Resistance of GOLD are 29658.9/29751.7/29888.4/29974.9
Intraday Support of GOLD are 29435.1/29342.3/29200.9/29115.5
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