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 BUY signal For short term Gold is in HOLD LONG position.Positionally Support for the Gold is
29365-29279-.Resistance for the Gold is 29838-30116-30362-
Short
term and Intraday Level of GOLD
Currently Gold is in HOLD LONG position Gold is moving sideways so short term
investor better to buy only above 29816.0 with stop at 28720.0 The oscillator
is showing BUY signal
Intraday Trend- Buy is advised above 29766 with a stop at 29397.8 Below 29314.7 go for sell
Intraday Resistance of GOLD are 29697.8/29828.8/29929.7/30016.2
Intraday Support of GOLD are 29382.2/29251.2/29241.7/29156.2
Intraday Trend- Buy is advised above 29766 with a stop at 29397.8 Below 29314.7 go for sell
Intraday Resistance of GOLD are 29697.8/29828.8/29929.7/30016.2
Intraday Support of GOLD are 29382.2/29251.2/29241.7/29156.2
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