Gold is bearish for medium-long term .Currently Gold is
in strong downtrend with good momentum 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 Gold is now trading in overbought level. The
oscillator is showing SELL signal For short term Gold is in SELL position.Positionally Support for the
Gold is 29625-29375-29357-29274-.Resistance for the Gold is 30135-30380-
Short
term and Intraday Level of GOLD
Currently Gold is in HOLD LONG position Gold is in sideways and sellers was at
high so for short term better buy above 29884.7 or hold with stop at 28720.0
The next resistance will be at 29816.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 29884.7 with a stop at 29678.5 Below 29649.6 go for sell and put stop at 29855.6
Intraday Resistance of GOLD are 29806.9/29840.1/29989/30034.7/30121.4/30208.3
Intraday Support of GOLD are 29727.1/29693.9/29517.1/29431.2/29345.5
Intraday Trend- Buy is advised only above 29884.7 with a stop at 29678.5 Below 29649.6 go for sell and put stop at 29855.6
Intraday Resistance of GOLD are 29806.9/29840.1/29989/30034.7/30121.4/30208.3
Intraday Support of GOLD are 29727.1/29693.9/29517.1/29431.2/29345.5
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ReplyDeleteToday most accurate tip for commodity
ReplyDeleteGOLD (5 DEC.) TREND: CONSOLIDATE
RES 1: 30500
RES 2: 30800
SUPP 1: 30050
SUPP 2: 29800
STRATEGY: SELL ON HIGHS
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