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 and fresh Buy can be considered in the Gold if it
close above30009 or buy with strict stop at 29143. 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 The current position is BUY .Positionally Support for the Gold is
29444-29441-.Resistance for the Gold is 29758-30006-30299-30529-
Short
term and Intraday Level of GOLD
Currently Gold is in HOLD SHORT position Gold is showing some Up momentum So buy
above 29627.0 with stop at 29342.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 29776.6 with a stop at 29530.2 Below 29487.7 go for sell and put stop at 29733.9
Intraday Resistance of GOLD are 29761.9/29869.8/29908.2/29994.7
Intraday Support of GOLD are 29502.1/29394.2/29220.5/29135
Intraday Trend- Buy is advised only above 29776.6 with a stop at 29530.2 Below 29487.7 go for sell and put stop at 29733.9
Intraday Resistance of GOLD are 29761.9/29869.8/29908.2/29994.7
Intraday Support of GOLD are 29502.1/29394.2/29220.5/29135
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