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 on BUY Signal and Gold is recovering from
oversold level but has moved past its recent high with good volume points to a
positive break out . The Gold is now trading in overbought level. The Gold is
now trading in overbought level. The oscillator is on BUY Signal and Gold is
recovering from oversold level For short term Gold is in SELL position
and closed above 1 week high with volume signals up breakout.Positionally
Support for the Gold is 26875-25955-.Resistance for the Gold is
28061-28880-29367-29750-
Short
term and Intraday Level of GOLD
Gold
closed above 1 week high with volume signals up breakoutCurrently Gold is in HOLD LONG position In short term Gold is in strong up trend so hold with stop at
26250 The Gold is now trading in highly overbought level. The oscillator is
showing SELL signal
Intraday Trend- Buy is advised above 27492.9 with a stop at 26788.8 Below 26590.7 go for sell with a stop at 27294
Intraday Resistance of GOLD are 27222/27403/27703.5/27191.1/27273.6
Intraday Support of GOLD are 26860/26679/26378.5/26535.5/26454.2
Intraday Trend- Buy is advised above 27492.9 with a stop at 26788.8 Below 26590.7 go for sell with a stop at 27294
Intraday Resistance of GOLD are 27222/27403/27703.5/27191.1/27273.6
Intraday Support of GOLD are 26860/26679/26378.5/26535.5/26454.2
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