Wednesday, 24 April 2013

GOLD TREND FOR TODAY- 25-April-2013


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 SELL signal .In last 5 days volatality is very less Buy the Gold above 26648 or buy with strict stop at 25591. 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 26042-.Resistance for the Gold is 27259-28159-28931-29410-29788-
Short term and Intraday Level of GOLD
Currently Gold is in HOLD LONG position Gold is in profit booking mode so hold with stop at 26161 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 26618 with a stop at 26246.9 Below 26158.7 go for sell and put stop at 26529.4
Intraday Resistance of GOLD are 26523.7/26636.4/26696.1/26777.9
Intraday Support of GOLD are 26252.3/26139.6/26046.6/25965.9


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